The National Interest (Enabling Powers) Act (Ch. 365 Laws of Malta) establishes the legal framework of applicability of sanctions in Malta, as well as establishing the Sanctions Monitoring Board which regulates implementation and applicability.
Diligex is organising a specialized webinar focusing on Complying with Sanctions Obligations and expounding on the importance of Adverse News Monitoring.
The two-hour session shall be held on Tuesday 5th April 2022 at 09:30hrs at the price of Eur40 inclusive of VAT.
International sanctions obligations have been with us long before the recent rise in attention to their application caused by the unfortunate international conflicts currently taking place.
Monitoring sanctions requirements is not only a mandatory legal obligation upon all subject persons, but also an important tool for business reputability, operation and avoidance of unnecessary risks. Understanding, awareness and consciousness of the applicability of sanctions have become a must.
The session shall cover:
- Brief overview of legal framework, applicability and penalties
- Sanction Screening & Monitoring
- Controls, Reporting & Tipping Off
- Sanctions Evasion
- Recent Guidance by Regulators
- Freezing Obligations (Asset Recovery Bureau)
- Adverse News Monitoring
Registration and payment should reach Diligex by latest Friday 1st April 2022 close of business. Three or more applicants from the same organisation shall enjoy a 20% discount.