Press Release

GIABA ORGANISES WORKSHOP FOR CIVIL SOCIETY ON AML/CFT REQUIREMENTS

The Inter-Governmental Action Group against Money Laundering in West Africa (GIABA), a specialized Institution of ECOWAS, is organizing a 3-day Regional Sensitization Workshop on AML/CFT for Civil Society Organizations in West Africa from 4 to 6 June 2024, at Fiesta Royale Hotel, Accra, Ghana.   
The workshop is designed to (i) sensitize the civil society of experiences and knowledge on AML/CFT issues within the sub-region; and (iv) enhance the capacity of CSOs thereby empowering them to take ownership of the fight against ML/TF.
The fight against money laundering and terrorist financing requires concerted efforts and collaboration among stakeholders. It is a collective responsibility of all stakeholders to protect the economies and financial systems of member States against these scourges. GIABA acknowledges the contribution of the civil society in the mobilization and decision-making process, hence, the need to build strategic partnership with Civil Society Organizations in the global fight against economic and financial crimes.

Fundamentally, one of GIABA’s strategic goals is the promotion of strategic partnerships with the private sector, civil society and other key stakeholders. The Workshop would build on the previous recommendations from the last session and come up with solutions on how to effectively convey the role of GIABA in assisting member States in implementing effective AML/CFT regime in line with the international standards and reaffirm the collaboration of the civil society in delivering sensitization to the public. 

The involvement of Civil Society Organizations (CSOs) is crucial in the fight against ML/TF. Thus, this workshop is expected to step up public awareness, effective and sustainable pressure, which are key driving forces in highlighting the efforts already deployed by GIABA in assisting its member States to address the problem of ML/TF. In an environment where political leaders and decision-makers need to be sensitized and involved to fight against ML/TF, the Civil Society would be the backbone for such advocacy and change.
The broad themes of the seminar include:  (i) Trends of ML/TF in the region, Overview of Regional Initiatives on AML/CFT and GIABA’s mandate, (ii) Role of CSOs in the fight against ML/TF in the region, (iii) Forms of technical assistance for CSOs in the area of AML/CFT and (iv) Defining strategies to put in place a robust network of West African CSOs engaged in AML/CFT amongst others.

The training will be delivered by experts from countries and GIABA ‘s team faculty involving presentations, case studies, group work and sharing sessions.

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