Sanctions are traditionally deﬁned as the “deliberate, government-inspired withdrawal, or threat of withdrawal, of customary trade and ﬁnancial relations with a target country in an eﬀort to change that country’s policies.”
Gary Hufbauer & Barbara Oegg, A Short Survey of Economic Sanctions, INST. FOR INT’L ECON. (Aug. 2001),
Targeted sanctions have become more common over the past two decades.
Sanctions can be either unilateral (e.g. issued by United Kingdom, United States), or multilateral (e.g. issued by United Nations Security Council, or European Union).
The Association of Certified Sanctions Specialists offers an examination that addresses knowledge and skills common to all sanctions professionals in varied employment settings, including financial institutions, international corporations, law firms, consulting companies, government, and other trades and businesses. Upon successfully passing the exam, participants will receive the credentials as a “Certified Sanctions Specialists”
Goal of Sanctions
Penalize the target for its practices
Make a symbolic political statement of opposition against such practices
Thwart activities that are illegal or threaten national security
The Association of Certified Sanctions Specialists
Financial institutions, international corporations, law firms, consulting companies, government and other trades and businesses depend on the ACSS to assist them with their sanctions compliance needs. “Certified Sanctions Specialist” or CSS is a mark of distinction that shows individuals have had full sanctions compliance training.
ACSS works with several international organizations including the UN Security Council – Sanctions Division and EU Commission on Private-Public Partnership and Capacity Building Outreach initiatives in the United States and Central Asia and the Middle East.
The goal of ACSS is to:
- Serve the professional interests of its members by delivering high quality services and promoting the interests of the profession
- Provide professional qualiﬁcations and set standards for sanctions practitioners
- Be an authoritative and respected voice promoting sanctions compliance
- Enhance the careers of sanctions professionals worldwide
Saskia is the Executive Director and Co-Founder of the Association of Certified Sanctions Specialists (ACSS), a professional membership body for sanctions professionals worldwide. She is a Certiﬁed Sanctions Specialist (CSS) and Certified Anti-Money Laundering Specialist (CAMS) and an industry leader in ﬁnancial crime topics. Saskia has over 15 years of Sanctions/AML experience in the U.S., Latin America and Europe. Her global footprint enables Saskia to apply valuable expertise and insight into international training and ﬁnancial crime compliance projects.
She is a frequent speaker in English, Spanish and Dutch on a variety of ﬁnancial crime topics.
She earned law degrees from Leiden University (Netherlands) and Universidad La Católica (Lima, Peru), and was admitted to the Lima Bar Association. She also holds an international MBA from Florida International University. She speaks ﬂuent Dutch, English and Spanish, as well as basic German.