The Financial Market Integrity Group (FPDFI) provides technical assistance (TA) to World Bank client countries to build capacity in all areas of their respective Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) regime.  The type of TA FPDFI provides are listed below.  1.   Create country specific laws and/or regulations on AML/CFT; provide recommendations on a client country’s existing laws and/or regulations on AML/CFT; and conduct legislative and/or regulatory drafting workshops. At such workshops, we work with domestic experts in drafting the legal instruments, while ensuring conformity and consistency with the local situation.  2.   Set up effective institutional frameworks by helping a client country improve their domestic coordination at the policy and operational levels; help allocate responsibilities and accountabilities in the implementation of AML/CFT measures; and set up FIUs that are operationally independent.  3.  Foster the implementation of an AML/CFT regime by enhancing the supervision of financial institutions, and depending on a country’s risk profile, the supervision of designated non-financial businesses and professions(DNFBPs); and train financial sector supervisors to implement on-site and off-site supervision by devising supervision manuals and/or questionnaires.  4.   Develop financial intelligence capacity within a client country’s FIU and law enforcement agency by providing recommendations on international best practices on the design of their collection, analysis, and dissemination frameworks, with the objective of identifying possible instances of money laundering and terrorist financing; and conduct workshops with the various stakeholders on analysis techniques and the identification of case typologies.   5.   Enhance the ability of judiciary, including magistrates and prosecution, and law enforcement agencies, to investigate and prosecute ML/TF through investigative tools for AML/CFT, including forfeiture, freezing, and confiscation. |
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