FATF Training and Support Activities

The FATF conducts training and support activities to strengthen countries’ understanding of the FATF Standards and how they help combat money laundering, terrorist financing and proliferation financing (funding for weapons of mass destruction). The FATF delivers these activities worldwide, including at the FATF Training Institute in Busan, Korea, and often in partnership with FATF members, FATF-Style Regional Bodies (FSRBs) and other international organisations such as the International Monetary Fund, the World Bank and the United Nations. The FATF’s support activities have three distinct goals:

Achieve a Better Understanding of the FATF Standards Worldwide

Improving the knowledge of FATF’s international standards to combat money laundering, terrorist financing and proliferation financing will contribute to a better implementation of these measures into national regimes. Activities which include the FATF Standards Training Course and the Joint Assessor Training Course are designed to help government agencies’ staff improve their knowledge of the FATF Standards.

Support the Work of FATF’s Regional Partners

Sharing experiences and developing best practices will help strengthen the operations of the Secretariats of FSRBs, which is particularly important in the conduct of the mutual evaluation process. Activities such as the capacity-building workshops will contribute to the improvement of stakeholder operations, and improve the implementation of the FATF standards in non-FATF member countries.

Develop Synergies to avoid Duplication

Coordinating training, support and technical assistance activities provided by national, regional and global organisations, ensures that these valuable resources are efficiently allocated across the globe.

The FATF delivers a diverse set of training and support activities throughout the FATF’s Global Network of FATF and FSRB members, when necessary in coordination with relevant organisations. While the activities may be numerous, all of the FATF’s training and support activities are designed to improve the implementation of national regimes to combat money laundering, terrorist financing and proliferation financing across the globe.

As part of the FATF Training and Support Activities, the Financial Action Task Force launched the FATF @cademy in July 2020. This e-learning platform features recent FATF webinar recordings, an online course and a test to assess newly acquired knowledge. The FATF Introductory Course is designed to provide the basics about the FATF, its work to combat money laundering and terrorist financing and to clarify the technical terms and concepts that are often used. The course highlights the FATF's Recommendations and Immediate Outcomes, how to understand the Mutual Evaluation process, and much more.

It takes 6 to 8 hours to complete, is broken up in 20 different sections with 14 badges to earn and many quizzes to take.

FATF @cademy is available to officials of FATF member countries, FSRB member countries and Secretariats and FATF Observer Organisations. For registration please contact FATF.e-learning@fatf-gafi.org with your professional email address or ask your FSRB to request access for you.

 

 

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