Published At Sep 24, 2018
The FATF/MONEYVAL/EAG training workshop for assessors was held in Moscow, Russia on 24-28 September 2018. Organizational support was provided by the International Training and Methodology Centre for Financial Monitoring.
It was attended by representatives of EAG and MONEYVAL financial intelligence units, regulators and supervisors and FATF experts.
Welcoming remarks to the participants came from Vladimir Nechaev, EAG Executive Secretary; Matthias Kloth, MONEYVAL Executive Secretary; Sergey Teterukov, FATF Secretariat Administrator; and Vladimir Glotov, Rosfinmonitoring Deputy Director.
"The use of the new methodology for assessment purposes has been practiced for five years now, contributing to the accumulation of considerable experience. I'm very pleased that this workshop, organized jointly by the FATF, EAG and MONEYVAL, will be conducted with the use of the latest techniques and technologies, allowing you to acquire the most essential and important knowledge and skills.
I want to thank the International Training and Methodology Centre for Financial Monitoring, which, as always, has made a significant contribution to the preparation and holding of the event. I also want to thank the trainers and teachers who found the time to make it to Moscow to make sure you get the most out of this workshop."
During the workshop, participants – by using various training formats, including teamwork and simulation games – shared experiences and best practices in preparing for mutual evaluations.
After the workshop, international assessor Yehuda Schaffer (Israel) shared his experience with the Financial Security magazine.
"The first thing one should pay attention to in preparing for the assessment is the collection and preparation of appropriate statistics. Typically, statistics, if collected, tend to fall short in terms of both depth and volume, often lacking input from required categories.
Second, the preparation of all competent authorities for the mutual evaluation, in particular, training in standards and methodology. Each department should have 2-3 persons who are experts in these fields.
And third, where it is not possible to provide statistics, one should prepare several examples of successful investigations, including from supervisors, etc., in support of the country's arguments about the effectiveness of its AML/CFT regime. In other words, to collect as much material as possible of demonstrative and illustrative nature."