Training Program

This course is intended for officials from the ministry of finance or equivalent body, financial intelligence units (FIUs), central banks, supervisory bodies, law enforcement and public-sector audit bodies, and any other relevant authorities engaged or interested in the topics covered in this course. 

• Participants are expected to have at least three to five years of experience. 
• Language: The course will be delivered in Spanish. 

The course, delivered by the Legal Department and the Western Hemisphere Department, focuses on understanding the impact of (financial and violent) crime on economic and financial stability in Latin America and the Caribbean (LAC). Building on on-going work focused on violent crime and insecurity in the region from a macroeconomic perspective, participants will explore 
(i) crime trends in LAC, its key drivers, policy responses, and macroeconomic implications; and 
(ii) the impact of financial crime and money laundering, with an emphasis on the financial sector and the IMF's work on financial integrity issues. The course will focus on key regional challenges to financial integrity, particularly those related to organized crime, violence, and illicit cross-border financial flows, based on the risk and context of IMF member countries in LAC, and how AML/CFT measures can assist in mitigating these risks. Through case studies, participants will analyze transmission channels, how ML/TF can introduce structural impediments to inclusive and sustainable growth, and the threats ML/TF can pose to economic and financial stability. They will also discuss examples of effective interventions to counter these challenges.

Travel, accommodation, and per diem costs are to be arranged and funded by the participants' sponsoring agencies.