Argentina’s Financial Crime Investigation Techniques Get Boost from OECD Academy
A New Era in Combating Financial Crime and Tax Evasion in Latin America
Argentina and the Organisation for Economic Co-operation and Development (OECD) have joined forces to establish a cutting-edge academy dedicated to tackling financial crime and tax evasion in Latin America. The OECD Latin America Academy for Tax and Financial Crime Investigation was launched in July 2018 with a Memorandum of Understanding signed between the two entities.
A Comprehensive Approach to Tackling Financial Crime
The academy, housed at Argentina’s Federal Administration of Public Revenues (AFIP) facilities in Buenos Aires, has already hosted its first programme. This comprehensive course brought together tax investigators from eight countries in Latin America to tackle the scourge of Value-Added Tax/ Goods and Services Tax (VAT/GST) fraud. The training aimed at providing targeted tools to address the specific needs of Latin American countries and build on regional best practices in combating illicit financial flows.
Key Areas of Focus
The OECD Latin America Academy’s comprehensive programmes cover a range of crucial subjects, including:
- Bribery and corruption
- Beneficial ownership and offshore structures
- Money laundering
- Investigative techniques
- International cooperation
- Asset recovery
Evolving Training Modules to Meet Demand-Driven Needs
The academy’s training modules are designed to evolve in response to demand-driven needs, ensuring that they stay relevant and effective in addressing the unique challenges faced by Latin American countries.
A Vital Role in Supporting Efforts to Combat Financial Crime
This partnership between Argentina and the OECD marks a significant step forward in the global fight against financial crime and tax evasion. With its expertise and resources, the academy is poised to play a vital role in supporting efforts to combat financial crime and promote economic stability across Latin America.
Key Benefits
- Provides targeted training tools to address specific needs of Latin American countries
- Builds on regional best practices in combating illicit financial flows
- Offers comprehensive programmes covering crucial subjects such as bribery, corruption, money laundering, and more
- Evolves training modules in response to demand-driven needs
- Plays a vital role in supporting efforts to combat financial crime and promote economic stability across Latin America