The Bank of Cape Verde, in partnership with the Agência de Transferência de Tecnologia Financeira (ATTF), held an Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF) course for 28 staff from the national financial system. The training covered money laundering typologies and methodologies, practical case discussions, professional risk awareness, investigative skills development, and the concept of crime convergence and organised crime. Topics included effective customer due diligence, tracing funds through laundering processes, screening clients and third parties for sanctions, politically exposed persons (PEPs), adverse media and anti-bribery and corruption indicators, and investigating beneficial owners using complex multinational structures to conceal or disguise asset ownership.
Bank of Cape Verde 2025-08-07
Bank of Cape Verde delivers anti-money laundering and counter-terrorist financing training for 28 financial system staff
The Bank of Cape Verde, in collaboration with the Agência de Transferência de Tecnologia Financeira, conducted an Anti-Money Laundering and Counter-Terrorist Financing course for 28 national financial system staff. The training focused on money laundering typologies, investigative skills, and effective customer due diligence, including tracing funds, screening for sanctions, and identifying beneficial owners.