EU Global Facility inaugurates first Statistics training on Anti Money Laundering in Ecuador
QUITO, 6 September 2023 – The EU Global Facility on Anti Money Laundering and Countering the Financing of Terrorism (AML/CFT) on Wednesday launched its first onsite statistics training in Ecuador, in collaboration with the CONALAFT and the Financial Intelligence Unit (UAFE).
Opened by EU Ambassador to Ecuador Charles-Michel Geurt and the UAFE Director General Roberto Andrade, the training is set to provide participants with insights into the collection, analysis, and presentation of high-quality AML/CFT statistics.
High-quality AML/CFT statistics are pivotal for a nation’s risk assessment processes and for evaluating the effectiveness of its AML/CFT framework. By adhering to the standards set forth by the Financial Action Task Force (FATF), jurisdictions can ensure the robustness of their systems and exhibit their commitment to combating money laundering and terrorist financing. The training will address the critical role of AML/CFT statistics in the context of FATF mutual evaluations. The establishment of an adequate statistics system was required to Ecuador in the FATF Mutual Evaluar-ion.
In his welcoming remarks, EU Ambassador to Ecuador Charles-Michel Geurts, noted: “I welcome this important activity through the EU Global Facility on anti-money laundering and countering the financing of terrorism (AML/CFT). Anti-money laundering efforts are crucial to disrupt the criminal chain attacking the criminals that try to clean the profit from their illegal activities. Fur-thermore, we´re honoured to support Ecuador´s implementation of GAFILAT´s recommendations”
For his part, UAFE Director General Roberto Andrade, highlighted the importance of this event that allows to strengthen the construction of an AML/CFT statistical system in the country. “Having a solid statistical system is essential for the joint work of the various national entities in the prevention, detection and eradication of crimes related to money laundering and terrorist financing. The Financial and Economic Analysis Unit is grateful for the support provided to Ecuador”.
This event, aimed at thirty representatives of the UAFE, the Attorney General’s Office, the National Police, the Judiciary Council, the National Court of Justice, the Attorney General’s Office, the Comptroller General’s Office and the Technical Secretariat for Public Sector Real Estate Management (INMOBILIAR), follows a series of four online modules on statistics, FATF Immediate Results 7 and 8, police statistics, justice statistics and statistics on seizures and confiscations.
This project is funded by the European Union.