The Central Bank of Paraguay, through its Securities Superintendency, and the Secretariat for the Prevention of Money or Asset Laundering held a training session on the targeted financial sanctions regime for representatives of the securities market. The session was aimed at staff responsible for anti-money laundering and counterterrorist financing systems within their entities and focused on updating and strengthening understanding of the framework. The training covered the practical application of targeted financial sanctions and Paraguay’s current regulatory framework. It also addressed the procedure for immobilizing financial assets as an administrative preventive measure against natural or legal persons suspected of links to terrorist financing or the proliferation of weapons of mass destruction. The Central Bank of Paraguay said it will continue to promote training and updating initiatives for supervised entities through the Securities Superintendency.