Financial Crime World

Argentina Cracks Down on Financial Crimes with New Investigation Techniques

A Partnership to Combat Financial Crimes

Argentina has partnered with the Organisation for Economic Co-operation and Development (OECD) to establish the OECD Latin America Academy for Tax and Financial Crime Investigation in Buenos Aires. This academy aims to provide cutting-edge training to tax investigators from across Latin America to tackle complex financial crimes.

The First Programme: Tackling VAT/GST Fraud

The first programme of the academy, held in November 2018, brought together top tax officials from Argentina, Bolivia, Chile, Colombia, Mexico, Paraguay, Peru, and Dominican Republic. The course focused on VAT/GST fraud and provided participants with essential tools to address the specific needs of Latin American countries.

Curriculum and Objectives

The OECD Latin America Academy offers a range of subjects, including:

  • Bribery and corruption
  • Beneficial ownership and offshore structures
  • Money laundering
  • Investigative techniques
  • International cooperation
  • Asset recovery

Programmes are designed to evolve and respond to demand-driven training needs, addressing the specific requirements of Latin American countries.

A Leading Centre for Financial Crime Investigation Techniques

Located within the facilities of Argentina’s Federal Administration of Public Revenues (AFIP) in Buenos Aires, the academy is poised to become a leading centre for financial crime investigation techniques in the region. With its focus on providing tailored training to tax investigators, the OECD Latin America Academy is set to play a crucial role in combating financial crimes and promoting transparency and accountability across the continent.

Key Takeaways

  • Argentina has partnered with the OECD to establish the OECD Latin America Academy for Tax and Financial Crime Investigation.
  • The academy aims to provide cutting-edge training to tax investigators from across Latin America.
  • The first programme focused on VAT/GST fraud, bringing together top tax officials from eight countries.
  • The academy offers a range of subjects, including bribery and corruption, money laundering, and asset recovery.
  • Located in Buenos Aires, the academy is poised to become a leading centre for financial crime investigation techniques in the region.