Proliferation Financing and Sanctions
6 ECTS
Proliferation Financing and Sanctions
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€315 refund on this module
Module Description
This module aims to explain the specific methods used by proliferators to exploit the international financial system.
It covers the existing international framework and national practices designed to disrupt and deter the financing of proliferation-related activities.
Students will gain an understanding of the importance of effective national and international capabilities in combating the financing of proliferation. By examining these issues, students will be better equipped to identify, prevent, and respond to proliferation financing activities, ensuring they are well-prepared to contribute to global security and compliance efforts.
Entry Requirements
Candidates who apply for this course must possess the following:
- a qualification at MQF Level 4 (one A-level or equivalent in any subject);
AND
- a pass in English Language and Mathematics at MQF Level 3 (O-level or equivalent).
Target Audience
- This programme is targeted at people within the financial and banking sector, as well as other individuals seeking professional and academic advancement in AML and compliance.
Module / Unit Instructions
The proposed structure comprises a blended approach promoting the building of a community of practice via peer-to-peer learning. The structure uses primarily two dimensions of teaching-learning modes:
- Face to Face sessions
Face-to-face sessions include lectures, tutorials, discussions, presentations and workshop activities promoting peer-to-peer learning.
- Online Learning Activities
Online learning activities incorporate tutorials and asynchronous discussions. These may consist of active interaction, participation and contributions in fora discussions, sharing resources and self-reflection exercises. Learners also contribute to the building of the community of practice by providing feedback to their peers as critical friends, enhancing the learner’s critical engagement throughout the study period.
How you’ll be assessed
The course comprises:
- Evening classes for part-time courses.
- Classes held throughout the day for full-time courses.
- Guided learning, presentations, comprising synchronous online discussions, tutorials and/or videos.
- Self-study hours comprising research, reading and assignment work.
Assessment
Assessment is carried out via two mandatory components:
- Assessment 1
- Assessment 2
The programme includes different forms of assessment which allow for and promote students’ critical engagement. The assessment tasks may include an in-class assignment and/or a home-based written assignment using diverse assessment tools which may take the form of online and in-class discussions, examinations, case studies, reports, proposals, essays, and presentations, etc., as applicable to the diverse modules.
Module Intake Dates
October 2024
Learning Outcomes
Competences:
At the end of the module/unit the learner will have acquired the responsibility and autonomy to:
- Compare the similarities and differences between money laundering, terrorist financing and proliferation financing.
- Examine the activities that can be considered as entering into the scope of proliferation financing.
- Develop comprehensive understanding of the risks related to proliferation financing and its impact on the economy.
- Develop in-depth understanding of the UNSC 1988 Sanctions regime and mechanisms, as well as practicing the listing and delisting processes.
- Analyse sanctions’ role in international relations and law.
Knowledge:
At the end of the module/unit the learner will have been exposed to the following:
- Explain what sanctions are and know the bodies that impose them.
- Understand sanctions’ role in international relations and law.
- Describe a variety of different types of sanction and explain how they are implemented in a variety of sanctions regimes.
- Understand what is meant by proliferation finance and the risks that involvement with it poses for financial institutions.
- Financing of weapons proliferation.
- The FATF recommendation on proliferation financing.
- Risks of proliferation financing.
- Targeted financial sanctions.
- Sanctions list.
- EU committees that address the importance of sanctions.
Skills:
At the end of the module/unit the learner will have acquired the following skills:
- Demonstrate the link between terrorism, terrorism financing and proliferating financing.
- Apply the typologies related to proliferation financing and link to the FATF recommendations.
- Develop comprehensive understanding of the importance of addressing targeted financial sanctions.
- Distinguish between the various sanctions regime and evaluate the importance of each in relation to Malta and the FATF.
Module-Specific Digital Skills and Competences:
The learner will be able to:
- Navigate through the online learning platform to benefit from assignments, discussion boards, literature, tutorials etc.