The Global Center is facilitating a 24-month capacity building program to support Ethiopia in strengthening its anti-money laundering and countering the financing of terrorism (AML/CFT) regime. Supported by the Government of Denmark, the program is implemented in partnership with the Ethiopian Financial Intelligence Center (EFIC) and the Federal Attorney General’s Office (AG, formerly the Ministry of Justice), as well as other key stakeholders.
During the period from January - June 2016, the program focused on supporting Ethiopia in collecting and analyzing data for its national risk assessment (NRA), strengthening capacities of police and prosecutors on countering financial crime, and preliminary engagement with reporting entities to deepen understanding of AML/CFT and compliance requirements.
To support this work, the Global Center worked with the EFIC and AG to implement five capacity building trainings between January and June 2016 for a total of 159 representatives from the private sector, government agencies, and regulatory bodies. These trainings provide a mix of policy, practice, and case studies to strengthen individual and institutional capacities on key areas related to AML/CFT.
The five capacity-building trainings include:
4-7 April 2016: Train the Trainers Workshop: AML/CFT Investigations and Prosecutions
Officials of the Federal Attorney General’s Office and the Ethiopian Federal Police Commission participated in a three-day “train the trainers” workshop on financial crime investigations and prosecutions. The session focused on international best practices for the detection and investigation of money laundering and terrorist financing offenses, including sources of information, “follow the money” tactics for evidence gathering, and processes for confiscation, asset freezing, and frozen asset management.
17-20 May 2016: Designated Non-Financial Businesses and Professions: Money Laundering and Terrorist Financing Risks and Effective Regulation
Private sector, civil society, and government officials gathered to this four-day workshop on effective regulation of money laundering and terrorist financing risks in relation to designated non-financial businesses and professions (DNFBPs). The course provided an in-depth look at the EFIC’s relationship with DNFBPs, sector specific vulnerabilities for DNFBPs within the Ethiopian context, the risk assessment process, and existing regulatory structures and compliance obligations.
23-27 May 2016: Foundations of Effective Financial Investigations
Prosecutors and investigators from the Federal Attorney General’s Office and the Ethiopian Federal Police Commission attended a five-day course on the foundations of effective financial investigations. The course, the first in a broader certification program, reviewed the development of investigative techniques for money laundering and terrorist financing offenses and provided a synopsis of the domestic and international legal frameworks and obligations related to AML/CFT.
The EFIC convened a meeting focused on best practices for the collection, analysis, and presentation of data for Ethiopia’s national risk assessment process. The training was centered on conceptual and practical approaches to conducting a national risk assessment, including the importance of statistics and information gathering as an essential piece in effectively evaluating risk and threat profiles.
27-30 June 2016: Asset Freezing and Confiscation: Workshop on The Development of a Strategic Implementation Action Plan
Officials from the Federal Attorney General’s Office, EFIC, Ethiopian Revenue and Customs Authority, and the Federal Anti-Corruption Commission participated in this four-day workshop focused on the development of a strategic implementation plan for asset freezing and confiscation. The training focused on the roles of government agencies in asset freezing and confiscation efforts, procedures required for asset freezing and confiscation, the role of an asset management bureau, and how to draft and implement a plan to address gaps in the existing Ethiopian asset freezing, confiscation, and management frameworks.
For more information regarding this program, please contact Ms. Tracey Durner at firstname.lastname@example.org.