Financial Crime World

Peru Hosts International Anti-Money Laundering Training Program for Financial Professionals

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Lima, Peru - In a major push against financial crime, the World Customs Organization (WCO) in partnership with the Egmont Group (EG) recently concluded a four-day training program on anti-money laundering and counter-terrorism financing (AML-CTF) in Lima.

International Partnership Against Financial Crime

The event was supported by the U.S. Department of State’s Bureau of International Narcotics and Law Enforcement Affairs (INL), bringing together financial intelligence units (FIUs) and customs administrations from across Latin America for an intensive training session.

Program Highlights

  • Equipped participants with necessary skills and knowledge to combat money laundering and terrorism financing
  • Highlighted the critical importance of cooperation between customs and financial intelligence units in tackling trade-based money laundering (TBML) and other forms of financial crime
  • Underlined the unique roles that customs administrations play in managing trade and passenger data, as well as the vital contributions made by FIUs in monitoring suspicious transactions

Training Program Outcomes

Throughout the workshop, participants engaged in hands-on training sessions covering various aspects of AML-CTF investigations, including:

  • Suspicious activity reporting
  • Operational analysis
  • Strategic analysis
  • TBML investigation
  • Terrorism financing

The practical exercises fostered collaboration between customs and FIU representatives, identifying common goals and strategies for AML-CTF investigations.

Regional Cooperation Against Financial Crime

The WCO and the EG expressed their gratitude to the Peruvian FIU and the Peruvian Customs Administration (SUNAT) for hosting the workshop and the U.S. State Department’s Bureau of International Narcotics and Law Enforcement Affairs (INL) for its financial support.

The event marked a significant step forward in the global effort to combat money laundering, highlighting the power of international cooperation and shared commitment to regional security.

Expanding Global Initiative

The training program is part of an expanding global initiative aimed at strengthening financial intelligence capabilities and promoting cooperation between customs administrations and FIUs. The program has been made possible through the support of organizations such as the Egmont Group and the U.S. State Department’s Bureau of International Narcotics and Law Enforcement Affairs (INL), which have recognized the critical importance of international cooperation in combating financial crime.

This training program demonstrates a crucial step towards strengthening regional security and combating financial crime through international cooperation and shared commitment to AML-CTF efforts.