Sanctions & Freezing Orders: A Canadian Perspective

"Course 5 of 8 of the StudyAML Canada Series. Sanctions & Freezing Orders: A Canadian Perspective equips financial professionals with the knowledge and tools to navigate Canada’s complex sanctions framework confidently. In under 25 minutes, learners will master the principles of sanctions compliance, understand how to apply freezing orders, and learn how strong governance and training safeguard Canada’s financial integrity. Strengthen your expertise. Protect your institution. Support Canada’s commitment to global security."

20 - 25 minutes

Certificate Included

Canada

Description

This professional course explores how Canada enforces economic sanctions and asset-freezing measures to combat terrorism, corruption, and other threats to global security. Learners will gain a clear understanding of Canada’s legal framework, including the United Nations Act, the Special Economic Measures Act (SEMA), and the Justice for Victims of Corrupt Foreign Officials Act (Magnitsky Law). Through practical scenarios, participants will learn how to identify sanctioned entities, apply freezing orders, maintain proper reporting and recordkeeping, and build a culture of compliance that supports Canada’s national and international obligations.

What will you learn?

Module 1 – Understanding Canadian Sanctions
Learn what sanctions are, why they exist, and how Canada’s legislative framework — including the UN Act, SEMA, and the Magnitsky Law — enables the government to protect national security and uphold global justice.
Module 2 – International vs. Canadian Regimes
Explore how Canada’s sanctions align with and differ from major global regimes such as those of the UN, U.S. OFAC, UK, and EU, and understand how to manage cross-border compliance obligations.
Module 3 – Identifying Sanctioned Persons & Implementing Freezing Orders
Discover how to screen for sanctioned individuals and entities, verify potential matches, and execute freezing orders effectively under Canadian law.
Module 4 – Ongoing Screening, Reporting & Recordkeeping
Examine how to sustain compliance through continuous sanctions monitoring, timely reporting to authorities, and secure recordkeeping practices that demonstrate due diligence.
Module 5 – Continuous Improvement & Best Practices
Learn how governance, leadership, audits, and training drive a culture of continuous improvement — ensuring that sanctions compliance remains strong, consistent, and forward-looking.

Course Content

Module 1 – Understanding Canadian Sanctions
Module 2 – International vs. Canadian Regimes
Module 3 – Identifying Sanctioned Persons & Implementing Freezing Orders
Module 4 – Ongoing Screening, Reporting & Recordkeeping
Module 5 – Continuous Improvement & Best Practices