Luanda - The Financial Investigation Unit (UIF) and the United Nations on Drugs and Crime (ONUDC) in Angola will promote, starting Monday, in Luanda, a workshop on Money Laundering Risks related to Businesses Designated Not Finance and Other Professions.
The activity falls within the scope of the Project to Support the Strengthening of the Asset Confiscation System in Angola (PRO.REACT), financed by the European Union (EU).
The Project aims to develop an effective system to combat illicit financial flows, says a UNDC press release to which ANGOP had access.
Traditionally, money laundering prevention policies focus more on the financial sector and, due to the non-financial nature of some businesses, there are entities or people who may be particularly exposed to risk.
These entities include real estate agencies, casinos, lawyers, notaries, precious metals traders, accountants and other independent professionals.
In this regard, the Financial Action Task Force against Money Laundering and Terrorist Financing (FATF) recommends that countries understand the risks of money laundering and terrorist financing associated with these activities and businesses, to better understand the structures in national territory and apply risk mitigation measures.
Angolan institutions remain committed to strengthening the national anti-money laundering system and implementing FATF recommendations and best international practices.
Switzerland is one of the countries in the world that in recent years has distinguished itself in the fight against money laundering.
Thus, with the support of the Swiss Embassy in Angola, three experts from the “Institut de Lutte Contre la Criminalité Economique” (Neuchâtel, Switzerland) with experience in these matters will share their knowledge and success stories with Angola.
The workshop will feature the participation of 35 Angolan professionals from UIF, SIC, SINSE, SIE, PGR, BNA, MIREX, Order of Lawyers and Accountants, the Ministry of Justice and Human Rights and ANIESA, who will share experiences and knowledge with their colleagues in Switzerland. DC/VIC/DOJ
