Search Results for: Colombia

A new European Union (EU) Commissioner for agriculture and food has been told to draft an EU Vision for Agriculture and Food within 100 days of taking office, expected on December 1. Luxembourger Christophe Hansen takes on this key role in the second European Commission of president Ursula von der Leyen, which will work until 2029.…

A global set of studies into how artificial intelligence (AI) can best be deployed within higher education has been launched by WISE (the Qatar Foundation’s global initiative for education), the USA-based Institute of International Education (IIE) and seven universities worldwide.

The goal, said a joint statement released after a project launch in New York on Tuesday (September 17), is “to explore the role of AI in higher education and skills development for the AI era”.…

One of the core missions of ABET, a global, non-governmental quality assurance organization for post-secondary programs in engineering, engineering technology, computing, and applied and natural sciences is to increase awareness of the importance of outcomes-based education.

To achieve this, educational programs need to be carefully designed, developed, delivered and evaluated with a focus on learning outcomes – ensuring that students who complete an educational program are equipped to serve a global society in their fields.…

Venezuela, whose July presidential election has been contested by its political opposition as fraudulent, is facing an increase in financial controls having been grey listed by FATF this June (2024). This was over failures to respond to the global body’s requests for improvements in AML/CFT.…

Free trade zones (FTZ) have long been identified as having potential vulnerabilities for ML/TF/PF. And while they are not a key priority for FATF as it assesses the criteria for its fifth mutual evaluation round (MER5), given FTZs are still growing in number, international concern about their criminal money risks persists.…

The Colombian digital textile printing sector is innovating to overcome weak sales trends in fabric and clothing sales, with challenges to exports and production. Local companies are as a result pushing technological adoption to improve response rates and production times, especially regarding digital printing techniques.…

A new FATF survey has suggested significant advances are being made in imposing AML/CFT on the use of virtual assets (VA) and on virtual asset service providers (VASPs), with 49 out of 58 countries surveyed establishing controls. The survey assessed all FATF members plus 20 jurisdictions with materially important VASP activity, including Russia, which remains suspended from FATF because of its ongoing invasion of Ukraine.…

We asked the experts

Even senior experts in AML/CFT need to keep reading and watching to keep abreast of the ever-evolving global trends in the field – after all, curiosity and wide learning is how they gained their prominence in the first place.…

Detailed reports from police forces and agencies suggest that law enforcement agency knowledge of professional launderers is high – but when does it make sense to take them down?

The first Financial and Economic Crime Threat Assessment released by European Union (EU) policing agency Europol last September (2023) (1) stressed professional enablers’ knowledge and expertise was a potentially valuable source: “Criminal actors involved in financial and economic crimes rely extensively on a wide range of professional experts that serve as essential enablers of their criminal activities.…

The doomsayers who in 2022 predicted the collapse of cryptocurrency as a major payment instrument have been proved wrong, meaning that AML regulators and obliged entities will need to focus hard to fight the abuse of these digital payment systems by criminals.…