The Caribbean Financial Action Task Force (CFATF) recently concluded its Joint FATF/CFATF Assessors Training which was held from 10th to 14th July 2023 at the Royalton Hotel in Antigua and Barbuda. It was attended by close to fifty participants from several countries across the Caribbean as well as the United Kingdom, India, Montenegro, the United Arab Emirates, South Africa and Mexico.
The opening remarks were given by both the CFATF’s Deputy Executive Director, Hector Sevilla and the Head of the FATF Training Unit, Kevin Vandergrift, who underscored assessors training as an important step in strengthening collective efforts in the fight against money laundering and terrorism financing. The Joint FAFT/CFATF Assessors Training was supported by the 11th European Development Fund (EDF) via the Project ‘Implementation of the Mutual Evaluation Programme’ aimed at building capacity during the region’s Fourth Round of Mutual Evaluations. Trainers from FATF and CFATF Secretariats covered topics such as the mutual evaluation process, how to assess technical compliance with the FATF Standards and the effectiveness of national AML/CFT systems, and how a mutual evaluation report is discussed and adopted. Over the five days of training, participants shared their experiences and insights in addition to developing the skills necessary to successfully assess national anti-money laundering and counter-terrorism financing systems.
