Sanctions Series Lesson 4: Introductions to Sanctions Risk Due Diligence Research


Lesson 1: Introductions to the Basics of Sanctions (8 February 2022)

Lesson 2: Introductions to the US Sanctions Regime (8 March 2022)

Lesson 3: Introductions to Sanctions Compliance Programme (7 April 2022)

Lesson 4: Introductions to Sanctions Risk Due Diligence Research (5 May 2022)

– Why sanctions risk due diligence is important
– Customer due diligence / sanctions due diligence
– Know your customers – what to know
– Supply chain due diligence
– Calculating beneficial ownership
– Methods and tools


Speaker: Richard Ip

  • Founder of Richard Ip Consultancy, a due diligence and sanctions risk consulting business
  • Ten years of experience in the due diligence sector, specialising in China-related due diligence and political risk advisory. He advised clients on matters including international sanctions; M&A; asset tracing; and fraud investigations
  • Former partner of Wallbrook, a UK-headquartered business intelligence and due diligence firm where he headed the Greater China practice
  • Has been providing sanctions compliance training to law firms, corporate services companies, and relevant professional industry organisations, including the Hong Kong Chartered Governance Institute (formerly known as the Hong Kong Institute of Chartered Secretaries); and the Society of Chinese Accountants and Auditors
  • Wrote extensively on international relations- and compliance-related topics for Hong Kong Economic Journal and South China Morning Post
  • Professional Certifications: Certified Global Sanctions Specialist; Certified Anti-Money Laundering Specialist; and Certified Fraud Examiner


  • Founder and Chairman of CWK Global Group (
  • United Nations Educational, Scientific and Cultural Organization (“UNESCO”) First Anti-Money Laundering SDG World Records Holder
  • Founder and Chairman of Association of International Financial Crime Prevention for Professionals
  • Founder and Chairman of Hong Kong Accounting Professionals Association
  • Training Committee Chairman and Council Member of The Society of Chinese Accountants and Auditors
  • Financial Institution Representative of Financial Action Task Force – Asia Pacific Group
  • Guest Speaker of Master Program of the University of Hong Kong
  • Former Deputy Chief Compliance Officer of International Bank

Time: 6:30pm – 8:00pm

Venue: Webinar (Live via Zoom)

Language: Cantonese

CPD hours: 1.5 hr

Fee: Each lesson HK$100 (IFCPA Member); Each lesson HK$150 (Non IFCPA Member)

Special rate: 4 lessons HK$350 (IFCPA Member); 4 lessons HK$550 (Non IFCPA Member)


Application Deadline:

Lesson 4: 3 May 2022


Remarks: Bad weather arrangement
This event may be cancelled or re-scheduled when typhoon no.8 or black rainstorm warning is hoisted. Please refer to our website for the arrangement.

Enquiry: Email: [email protected]

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