Launch of our very first technical assistance activity to Uruguay 🇺🇾
Today, the EU Global Facility kicks off its bilateral support to the new partner country, following a scoping mission conducted in December of last year, several working meetings and the participation of Uruguay in all the regional activities organised by EU GF and GAFILAT.
Over the next three days, some 30 representatives from various key Uruguayan organisations will participate in the e-Training on “FATF Statistics and General Coordination”, delivered by expert Irene Sanchez from the Spanish Treasury.
This training comes as part of the workplan agreed upon between the EU Global Facility and the authorities of Uruguay, following the establishment of a specialised AML/CFT prosecutor’s office in the country through the National Secretariat for the Fight against Money Laundering and Terrorism Financing (SENACLAFT).
Entities involved in the e-training entail the Attorney General’s Office, the Judiciary, Financial Information and Analysis Unit of the Central Bank of Uruguay, National Customs Directorate, General Tax Directorate, General Registry Directorate, Board of Transparency and Public Ethics, Internal Audit of the Nation, Ministry of Interior, and the Seized Assets Fund.
❓Why do quality statistics matter:
According to FATF’s Recommendation 33, countries must maintain extensive statistics on matters relevant to the effectiveness and efficiency of their AML/CFT systems including data on Suspicious Transaction Reports (STRs) received and disclosed, investigations, prosecutions, and convictions related to money laundering and terrorism financing, as well as frozen, seized, and confiscated assets. Quality statistics are essential in demonstrating the effectiveness of a country’s AML/CFT system.
This project is funded by the European Union.