Best Practices to Enhance Effectiveness of CFT Frameworks
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- Best Practices to Enhance Effectiveness of CFT Frameworks
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Bibliographic details
- Session: CE 24.18
- Location: Kuwait City, Kuwait
- Dates: September 22-26, 2024 (1 week)
- Delivery method: In-person Training
- Primary language: English
- Interpretation language: Arabic
- Status: Deadline passed
Target audience and qualifications
- Target audience:
- Junior to mid-level government officials and policy-makers tasked with combatting the financing and terrorism activities, including financial intelligence, targeted financial sanctions, investigations, prosecution, and adjudication activities.
- Qualifications:
- Expected academic background: degree in law, criminology, economics, political sciences, or relevant experience in combatting terrorism financing.
- Relevant experience: financial intelligence, targeted financial sanctions, prosecutorial activities, and the judiciary.
- Desirable knowledge: Basic knowledge of the UN frameworks related to CFT and Targeted Financial Sanctions.
- Useful experience: Having worked on CFT cases from financial intelligence, targeted financial sanctions, and enforcement with knowledge of legal drafting.
Course description and structure
- The course has an eminently practical focus, based on the findings of the IMF's publication "Countering the Financing of Terrorism: Good Practices to Enhance Effectiveness".
- Design:
- Structured around the handbook.
- Provides case scenarios based on real-life examples.
- Emphasizes teamwork and group efforts to reach well-thought solutions.
- Cases mirror real-life challenges, including asymmetrical information, legal challenges, time constrains, investigative hurdles, and the need for risk assessments to fully understand threats and vulnerabilities on CFT matters.
- Particular instructional focus:
- There will be particular focus on chapters 3 to 6.
Course chapters
- The course will have six chapters:
1. Improving the understanding of terrorist financing risk 2. The role of the private sector in detecting and disrupting terrorist financing activities 3. The production and use of terrorist financing financial intelligence to counter terrorism and terrorist financing 4. Investigating, prosecuting, and sanctioning terrorist financiers 5. Terrorism-related targeted financial sanctions 6. International cooperation in combating the financing of terrorism
Learning objectives and expected competencies
- Upon completion of the course, participants should be able to:
- Assess the risks, threats and vulnerabilities in the context of CFT risk assessments, and their mitigation.
- Identify pragmatic solutions for disrupting the financing of terrorism and terrorist organizations.
- Identify the challenges experienced by the private sector in detecting and reporting suspicious related to terrorism financing and implementing TFS.
- Understand how the gathering and dissemination of financial intelligence is at the center of CFT, and appreciate its strategic value when orienting counterterrorism operations.
- Recognize and use the toolkit required to conduct investigations that can lead to effective prosecution of illicit actors and subject them to effective, proportionate and dissuasive actions.
- Gain a strong understanding of how Terrorism-Related Targeted Financial Sanctions work, along with their international framework, and how to optimize their application and efficiency, along with the key areas for its effective implementation (e.g. 24 hours rule, time and domestication factors).
- Gain understanding of the different legal instruments for the provision of international cooperation among agencies to jointly tackle terrorism financing.