Connect with IMF Institute

Enhancing Effectiveness of AML CFT Frameworks - Evolution of the FATF Standards

Apply online by December 8, 2023

Session No.: SA 24.10

Location: New Delhi, India

Date: January 8-12, 2024 (1 week)

Delivery Method: In-person Training

Primary Language: English

Apply Now

    Target Audience

    Legal drafters, policy makers, AML/CFT supervisors for the financial sector (in particular, VASP supervisors) financial intelligence units, company registrars, tax authorities, law enforcement authorities, procurement authorities, and relevant Ministries who might be involved in establishing beneficial ownership transparency frameworks and/or using beneficial ownership information within their jurisdiction, or in regulating fintech/virtual asset service providers.

    Back to top


    Participants are expected to have at least two years of experience with AML/CFT issues and/or corporate transparency or fintech issues. Attendance is by invitation only.

    Back to top

    Course Description

    The international AML/CFT standards have undergone recent revisions, inter alia, to better equip countries to combat the misuse of legal entities as well as to mitigate money laundering risks associated with virtual assets. This course, presented by the Financial Integrity Group of the Legal Department focuses on the legal and practical considerations in implementing the revised AML/CFT standards on beneficial ownership transparency and on virtual assets and virtual asset service providers (VA/VASPs).

    The course aims to increase participants' understanding of how the revisions in the standards should be reflected in a jurisdiction's legal and regulatory frameworks. On beneficial ownership, the course includes considerations in setting up and managing beneficial ownership registers and explores the relevance of beneficial ownership transparency in other policy areas (e.g., tax & procurement). On VA/VASPs, the course covers elements to guide the risk assessments of the virtual asset sector and its AML/CFT supervision as well as key enforcement considerations.

    Back to top

    Course Objectives

    Upon completion of this course, participants should be able to:

    • Outline, summarize, and analyze the requirements of the revised FATF Recommendations relating to beneficial ownership transparency and VA/VASPs
    • Draw up a medium-term action plan to establish comprehensive beneficial ownership transparency frameworks in a country.
    • Identify/understand the policy, legal and regulatory considerations/decisions required in setting up beneficial ownership registers within a country.
    • Identify principles in conducting sectoral and supervisory risk assessment of VA/VASPs
    • Analyze key considerations in authorization and risk-based supervision of VASPs
    • Understand key concepts in the investigation and prosecution against ML/TF involving VA/VASPs and confiscation of VA.
    Back to top

    Apply Now - Application deadline approaching:

    IMF offers online training to government officials and the public. Click Learn more to find our current offerings.

    Strengthening Public Investment Management following a Medium-Term Budgeting Approach

    English | February 27, 2024 - March 1, 2024 | In-person Training | Vienna, Austria

    Apply online by November 29, 2023

    Reforming Fuel Subsidies (RFS)

    English (Arabic) | January 28, 2024 - February 1, 2024 | In-person Training | Kuwait City, Kuwait

    Apply online by November 29, 2023

    Model-Based Monetary Policy Analysis and Forecasting (MPAF)

    English | March 18-29, 2024 | Blended Training | Singapore, Singapore

    Apply online by November 30, 2023

    Debt Sustainability and Debt Restructuring

    English (French, Portuguese) | January 29, 2024 - February 2, 2024 | In-person Training | Ebene, Mauritius

    Apply online by November 30, 2023

    Climate in Macroeconomic Framework

    English (French, Portuguese) | February 5-9, 2024 | In-person Training | Ebene, Mauritius

    Apply online by December 1, 2023