As part of the 4th round evaluations of the countries’ Anti-Money Laundering and Terrorist Financing (AML / CFT) arrangements, the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA), jointly organized with the Action Group against Money Laundering in Central Africa (GABAC) and the Training Institute of the Financial Action Task Force International (FATF), a seminar training of evaluators in French.
From 25th to 29th March, 2019, more than 40 participants from many French-speaking countries (Benin, Mali, France, Togo, Belgium, Chad, Senegal, etc.) met in Dakar (Senegal), to follow this training and to be able to evaluate the policies and actions of the states in AML / CFT. The evaluations of the different jurisdictions are carried out by their peers.
During this seminar, participants learned about AML / CFT policies put in place by countries with respect to the 40 FATF Recommendations (legal framework and technical compliance) and a series of prioritized outcomes (the 11 Immediate results that make it possible to evaluate the effectiveness and efficiency of the AML / CFT systems put in place by the different countries).
The Principality was represented by Philippe Boisbouvier, Acting Director of SICCFIN, the Monegasque Financial Intelligence Unit and Mrs. Jenny Perrot, Financial Analyst. After being warmly welcomed by the President of Senegal’s National Cell for Financial Information Processing (CENTIF), Ramatoulaye Gadio Agne, the participants, for a week, deepened their knowledge of the issues related to the evaluation of the countries and participated workshops to enable them to better address the evaluations they will be asked to make.
For the third consecutive year, SICCFIN, in order to show the Principality’s commitment to the fight against money laundering and the financing of terrorism, has not failed to send its agents to the training of evaluators organised at national level.