GIABA Trains Stakeholders on ML/TF Risks through International Trade The Intergovernmental Action Group against Money Laundering in West Africa (GIABA), will organize a Regional Training Workshop on Anti-money Laundering and Countering the Financing of Terrorism (AML/CFT) through International Trade, in Cotonou, Republic of Benin, from 17th to 19th July 2017. The Inter-Governmental Group of Action against Money Laundering in West Africa (GIABA) held a three-day Regional Workshop on Preventing Terrorist Abuse of Non-Profit Organizations at the Hotel Eda-Oba, Lomé, Togolese Republic, from Monday, June 12 to Wednesday, June 14, 2017.The objectives of the Workshop included: to develop a common understanding among stakeholders on ....The last two decades has seen the centrality of illicit trade in SALWs to the deterioration of security and development in West Africa.While most of the deadly internal armed conflicts that erupted in the 1990s have been resolved, and a few more recent ones are being managed, the combination of corruption, violent organised crime, and terrorism has now risen sharply to undercut the region’s security and development.The project has executed various activities to strengthen the capacity of competent authorities of GIABA members States to comply with international Anti-Money Laundering (AML) during ....
Strengthening Anti-Money Laundering Capacities in West Africa (SAMWA) Project is a joint programme of European Union (EU) and the Intergovernmental Action Group against Money Laundering in West Africa (GIABA).
The project team used data provided by experts based in five West African countries where there have been serious and frequent incidences of terrorism: Burkino Faso, Mali, Niger, Nigeria and Senegal.
This report presents the key findings of a study commissioned by GIABA to explore the relationship between illicit trade in small arms and light weapons (SALWs), on one hand, and money laundering (ML) and terrorist financing (TF), on the other hand, in west Africa.
The production of the report would not have been possible without the assistance and contributions of numerous individuals and organizations, particularly national authorities and professionals working in various Designated Non-Financial Businesses and Professions (DNFBPs) within West Africa.
This report provides an independent audit of the First Round of GIABA’s Mutual Evaluation (ME) of its member States (MS).