Experts from the Royal United Services Institute (RUSI) have delivered a comprehensive training day to public sector bodies on Sanctions, enabling participants to stay updated on the latest sanctions developments and their connection to shifting geopolitics. 

A statement from the Government follows below:

The training sessions focused on providing an overview of financial sanctions, covering key  frameworks and mechanisms that strengthen international compliance and enforcement.  Attendees covered the United Nations sanctions regimes, the Financial Action Task Force’s  recommendations on implementing targeted financial sanctions, and the increasing impact of  sanctions imposed by the United States, United Kingdom, and European Union. It also included a  group case study exercise which covered sanctions evasion typologies, allowing attendees to apply  their knowledge in a practical setting. 

As regulatory requirements and enforcement measures become more complex, public sector  bodies play an important role in mitigating risks and ensuring compliance. Funded by the Foreign,  Commonwealth and Development Office and fully supported by HM Government of Gibraltar, the  training is part of its ongoing efforts to enhance expertise and capacity-building among government  and supervisory professionals working in this field.  

Minister for Justice, Trade and Industry, Nigel Feetham KC MP, said: "It is important that our public  sector professionals have the relevant skills and understanding of the very dynamic nature of  sanctions, allowing them to effectively manage complex sanctions regimes. Training initiatives like  this, delivered by leading experts at RUSI, enhance Gibraltar’s ability to manage sanctions  implementation and protect global financial systems." 

RUSI is a world-leading independent think tank on defence, security, and financial crime. With a  mission to inform policy and shape strategic responses to global security challenges, providing  cutting-edge research, analysis, and expert training to public and private sector organisations  globally. The Gibraltar Financial Intelligence Unit is a partner of RUSI’s Centre for Finance and  Security, a leading authority on the intersection of finance and security, and participates in a  number of research projects, such as RUSI’s Maritime Sanctions Taskforce.