Dialogforen mit Ankerländern

A regional exchange for practitioners on Financial Analysis Techniques and global AML/CFT standards
Organized by InWEnt in collaboration with APG and OTA

Background

Actions for anti-money laundering and combating the financing of terrorism (AML/CFT) are gaining in political importance. AML/CFT contributes to tackling terrorism, corruption and other proceeds generating crimes and helps to underpin the stability and integrity of the global financial system. As such AML/CFT measure contribute to the protection of important ‘global public goods’ including conflict prevention and enhanced regional and international cooperation. Effective AML/CFT measures tackle the sources of terrorist funds and retrieve the proceeds of illegal economic activities. This benefits industrialized, emerging and developing countries alike, because countries plagued by terrorism and/or illegal economic activities remain unattractive for private and institutional investors and they are forced to unproductive spending on security.

Past experience has shown that internationally coordinated actions stand the best chance of success. On a global level the Financial Action Task Force (FATF) sets the international standards for AML/CFT through the FATF 40+9 Recommendations. Compliance with the internationally recognized global AML/CFT standards underpins global AML/CFT efforts. On regional level, the APG is a key body supporting members’ efforts to improve regional cooperation and ensure compliance with the global AML/CFT standards.

Seminar Concept

The regional seminar will offer analysts from recently established FIUs from South Asia an opportunity for in-depth professional exchange with their peers and with seasoned experts from the US treasury, APG, the German FIU and the Indian FIU.

The content will focus on issues of operational intelligence such as monitoring and analysis of suspicious transaction reports, but will also encompass question of strategic analysis, typology, data mining and IT architecture. The topics dealt with will include analysis of suspicious transaction reports, software-based risk analysis of suspicious transaction reports as well as links to investigation matters.

The seminar is structured in a sequence of 6 working sessions to be accompanied by practical exercise and 5 expert inputs. The seminar will involve intensive debate of priority AML/CFT issues. All participants should be ready to share their knowledge and insight and take an active role in group work, seminar debate and the experts’ input.

The number of participants will be limited to 30 to allow for an intensive exchange. Given the practical and hands-on nature of the workshop and the need for attendees to participate actively, the seminar is targeted to government officials, in particular analysts, working in FIUs.