Regional Workshop on Prevention and Combatting Trade-Based Money Laundering in Central America and the Caribbean
Panama City, August 28-30, 2023. The Global Programme against Money Laundering, Proceeds of Crime and the financing of Terrorism (GPML) of the United Nations Office on Drugs and Crime (UNODC), in collaboration with the Financial Action Task Force of Latin America (GAFILAT) and the Government of Panama, conducted a regional workshop aimed at identifying common policies to effectively prevent and combat trade-based money laundering (TBML). Furthermore, this training contextualized the challenges identified throughout the UNODC GPML and GAFILAT capacity development program in 2019.
In this regional workshop, attended by decision-makers from all countries in Latin America, topics such as the risks and threats of TBML in the region, challenges faced by regional countries, and the necessary policies, resources, and capacities to effectively prevent, detect, and combat TBML were discussed. Participants shared their experiences and practices in TBML prevention and combat, fostering a unique environment for networking among decision-makers from Latin American countries. Another objective of this meeting was to train participants in identifying common policies aimed at mitigating the risks and threats of TBML in the region.
Sylvie Bertrand, UNODC's Regional Representative, expressed gratitude for the presence of representatives from the six countries (Chile, El Salvador, Guatemala, Honduras, Panama, and the Dominican Republic) that participated in this workshop, as well as the experts who traveled from headquarters to support them. She emphasized that such initiatives enable more fieldwork in specialized areas. She referred to UNODC's Strategy for Latin America, designed to address the needs of justice, drugs, and transnational organized crime: "We are here to support you in your challenges," she stated.
In this way, the Global Programme against Money Laundering, Proceeds of Crime, and the Financing of Terrorism (GPML) of UNODC is concluding a four-year project focused on building competencies in trade-based money laundering (TBML) for beneficiary countries in the Caribbean and Central America. This program aims to raise awareness of the threats posed by TBML to public security and enhance the skills of law enforcement and judicial authorities to detect, investigate, and prosecute TBML more effectively.
This program is financially supported by the Government of Canada.