{
  "title": "Enhancing Effectiveness of AML CFT Frameworks - Evolution of the FATF Standards",
  "sourceUrl": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2024/amlsa24-10",
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  "summary": "Attendance is by invitation only.",
  "publishDate": "2024-11-27",
  "sections": [
    {
      "heading": "Target audience",
      "content": "- Legal drafters\n- Policy makers\n- AML/CFT supervisors for the financial sector (in particular, VASP supervisors)\n- Financial intelligence units\n- Company registrars\n- Tax authorities\n- Law enforcement authorities\n- Procurement authorities\n- Relevant Ministries involved in establishing beneficial ownership transparency frameworks, using beneficial ownership information, or regulating fintech/virtual asset service providers"
    },
    {
      "heading": "Course description — scope and focus",
      "content": "- Presented by the Financial Integrity Group of the Legal Department.\n- Focuses on legal and practical considerations in implementing the revised AML/CFT standards on:\n  - Beneficial ownership transparency.\n  - Virtual assets and virtual asset service providers (VA/VASPs).\n- Beneficial ownership coverage:\n  - Considerations in setting up and managing beneficial ownership registers.\n  - Relevance of beneficial ownership transparency in other policy areas (e.g., tax & procurement).\n- VA/VASP coverage:\n  - Elements to guide risk assessments of the virtual asset sector and its AML/CFT supervision.\n  - Key enforcement considerations related to VA/VASPs."
    },
    {
      "heading": "Course objectives (learning outcomes)",
      "content": "- Outline, summarize, and analyze the requirements of the revised FATF Recommendations relating to beneficial ownership transparency and VA/VASPs.\n- Draw up a medium-term action plan to establish comprehensive beneficial ownership transparency frameworks in a country.\n- Identify/understand the policy, legal and regulatory considerations/decisions required in setting up beneficial ownership registers within a country.\n- Identify principles in conducting sectoral and supervisory risk assessment of VA/VASPs.\n- Analyze key considerations in authorization and risk-based supervision of VASPs.\n- Understand key concepts in the investigation and prosecution against ML/TF involving VA/VASPs and confiscation of VA."
    },
    {
      "heading": "Institutional note",
      "content": "- IMF offers online training to government officials and the public."
    }
  ],
  "bullets": [
    "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",
    "Relevant Ministries involved in establishing beneficial ownership transparency frameworks, using beneficial ownership information, or regulating fintech/virtual asset service providers",
    "Presented by the Financial Integrity Group of the Legal Department.",
    "Focuses on legal and practical considerations in implementing the revised AML/CFT standards on:",
    "Beneficial ownership coverage:",
    "VA/VASP coverage:",
    "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.",
    "IMF offers online training to government officials and the public."
  ],
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  },
  "generatedAtUtc": "2026-09-29T19:58:40.176Z"
}