GovRisk seminar promotes cooperation between the Federal Public Ministry and UK Serious Fraud Office
Curitiba, 20 March 2017 – The recent initiative supported by the British embassy and implemented by GovRisk (The International Governance & Risk Institute) allowed the sharing of best practices and experiences was the focus of the "United Kingdom-Brazil Seminar: Dialogues on Corruption, Criminal Procedure and Legal Cooperation International" held at the headquarters of the Federal Public Ministry in Paraná (MPF / PR), in Curitiba, on March 16 and 17.
The event featured the head of the UK's Serious Fraud Office (SFO) Intelligence Unit, Marc Brown, who debated topics such as advanced techniques in criminal investigations, use of technologies and software for prosecution, Normative bases and good practices for joint research teams.
The project, which began in June last year provided two practical results. The first relates to the establishment of transparency, including UK best practices and innovative tools for identifying and fighting serious crimes in Brazil. The second result provides for the qualification of Brazilian prosecutors for the formation of joint investigation teams. Included in the project was a technical visit to the United Kingdom.
GovRisk experts analyse failures and virtues of Brazilian Judiciary
Brasilia, 23 March 2017 - In a presentation to a group of CNJ advisers a GovRisk expert John Stacey revealed that during an on-site visit to a court in São Paulo that he preferred not to identify, the team of consultants heard reports of how magistrates and servers of a particular judicial unit sacrifice themselves to maintain the productivity statistics of the court. Good indicators, however, hid an overworked staff, according to Stacey. The evaluation of the efficiency of the service provided by the judiciary must therefore be more precise and comprehensive, according to the specialist in judicial administration.
"The court we visited actually dealt with many actions a week, but its servants and magistrates worked on weekends and they took proceedings home. In fact, a deeper look at the efficiency statistics would reveal a deficiency of court functioning, not an advantage. In England, the indicator we use measures the number of processes handled per hour of work, "said John Stacey. The final report with this and other impressions on the performance of the Judiciary is being finalized to be delivered, as a collaboration, to the Brazilian justice authorities.
According to the director of GovRisk, Dominic Le Moignan, the expectation with the project is to be able to encourage "long-term commercial relations" between England and Brazil.
GovRisk supports training on anti-corruption in Mexico (SFP)
Mexico City, 10 February 2017 - With the support of the British Embassy’s Prosperity Fund, GovRisk has trained civil servants of the Mexican Ministry of Public Function (SFP) in regards to the protection of the complainant. This was accomplished through seminars on “Best International Practices on Complainant Protection Systems to Develop an Implementation Strategy for Mexico.”
Both seminars aimed to strengthen the new National Anti-Corruption System (SNA) by sharing the international expertise of countries like the United Kingdom, Canada, Chile, Peru, as well as the World Bank and GovRisk, in support and protection to the complainant. This also encouraged the collaboration between the Mexican Government and civil society.
The seminars sought to establish measures to support accountability and to fight corruption in government structures, as well as to facilitate the establishment of strategies that encourage the active participation of citizens.
GovRisk holds workshop to share best international practices on measures against money laundering and terrorist financing
Havana, 3 February 2017 - Financial experts from Cuba and the UK exchanged experiences at a workshop on anti-money laundering and terrorist financing strategies, as part of a Havana and London initiative.
This was the second stage of a joint initiative between the Central Bank of Cuba, the United Kingdom's embassy in Havana and the International Governance and Risk Institute (GovRisk), according to a statement released by the British embassy in the island.
It also explained that the goal is to share best international practices on measures for the prevention, detection, investigation and prosecution of money laundering and terrorist financing.
The agenda of the workshop included the new recommendations of the Financial Action Task Force (FATF) and its strategies to prevent such crimes.
The program, funded by the UK Ministry of Foreign Affairs, involves some 25 officials from the Cuban Financial Intelligence Unit and other institutions with powers to combat them.
"The program will allow us to continue making progress in addressing current and future challenges in this area," Armando Torres, Director of Financial Operations Research at the Central Bank of Cuba, said in the statement.
British Ambassador to Havana Tim Cole said that money laundering and the financing of terrorism are "threats that cross borders" and require "legal, judicial and security reinforcements, both nationally and internationally."
GovRisk experts support Cuba’s efforts to tackle money laundering
Havana, 21 Novemeber 2016 - From 15 to 18 November, GovRisk experts provided training to Cuban Central Bank's specialists on preventing the entrance of criminal proceeds and terrorist funds into the financial systems.
The training represents the fourth stage of a joint initiative of the British Embassy in Cuba, the International Governance and Risk Institute (GovRisk) and the Cuban Central Bank, to help Cuban authorities to prevent the entrance of criminal proceeds and terrorist funds into the financial systems of the island by ensuring competent authorities are able to appropriately identify, assess and take effective action to mitigate money laundering by Designated Non-Financial Businesses or Professions (DNFBPs), in accordance with their level of risk.
British Ambassador in Havana, Antony Stokes is very pleased with the Embassy support to this project which is now in its fourth year. He stated:
“Money laundering is a serious issue for any country and the United Kingdom is proud to offer technical assistance to Cuba in this area.”
GovRisk provides technical assistance to the competent authorities in Guatemala to strengthen its anti-laundering system related to Non-Financial Activities and Professions
Guatemala City, 8 November 2016 - Experts from the International Governance and Risk Institute (GovRisk) will share the latest advances in the fight against financing of illicit activities with more than 50 officials from several Guatemalan institutions.
The course will take place from 8 to 10 November at the premises of Guatemala’s Bank Regulatory Authority (SIB) and will include preventive and prosecution measures to combat illegal financial activities. The target audience for this training includes real estate agents, bankers, lawyers, and others that are exposed to the risk of managing assets of dubious origin.
The main objective of the programme is to strengthen the authorities’ capabilities to comply with the international standards of the Financial Action Task Force (FATF). More than 50 officials from Guatemala’s Financial Intelligence Unit will participate in the training facilitated by GovRisk and SIB with the support of the British Embassy.
To mark the event, Andrew Tate, Deputy Head of Mission at the British Embassy in Guatemala said:
“I’m pleased that the United Kingdom is able to support this programme of technical assistance. Money laundering and financing of terrorism are threats that cross borders and that require strong judiciary and security regimes in response. This project with Guatemala’s Bank Regulatory Authority will improve the understanding of top level officials of these international norms. At the same time, such improvements will help Guatemala become a more attractive destination for foreign investment”.
GovRisk supports the competent authorities of Uruguay in an effort to identify and reduce opportunities for corruption in the public works contracting process
Montevideo, 2 November, 2016 – In November, GovRisk held the Seminar on Prevention of Fraud and Corruption in Public Works and Infrastructure Projects at the headquarters of the National Development Corporation, with the involvement of the British Ambassador to Uruguay, Ian Duddy, and the English public procurement expert Peter Copplestone.
Following the seminar, Presidential Advisor Ricardo Gil Iribarne explained that with the conclusion of this event a work plan had initiated to keep the country at the levels that distinguish it for being a state with the lowest indicators of corruption. Uruguay has traditionally been one of the countries with the lowest levels of corruption and stands out for its international transparency. In the rankings, it is positioned as the least corrupt country in Latin America and the 27th position worldwide.
To keep the country at these levels and further detect corrupt acts, he explained, requires an effective prevention strategy; and that those who hold positions of hierarchy commit themselves to this purpose. He also stressed that corruption and fraud in public procurement processes distort market mechanisms and reduce the efficiency of public spending in countries around the world. Meanwhile, GovRisk project manager Mark Willcock said that through these experiences vulnerabilities can be identified in the procurement process.
GovRisk brings together experts to share progress in combating money laundering
Asunción, 18 October 2016 – From 19 to 21 October, GovRisk will provide technical assistance to the Paraguayan Money Laundering Prevention Secretariat to strengthen their enforcement scheme to control the cross-border transportation of cash and bearer negotiable instruments; one of the main methods used for the movement of illicit funds, money laundering, and financing of terrorism.
The program is a joint initiative between the British Embassy in Paraguay, the International Governance and Risk Institute (GovRisk) and the Secretariat of Prevention of Money Laundering or Goods (Seprilad), with the aim of improving the country’s efforts to incorporate international best practices in combatting the cross-border movement of cash and negotiable instruments by courier, through the postal system, or in cargo containers.
Seprilad Minister Oscar Boidanich Ferreira stated that "for the institution, the development of this type of training and awareness program represents an excellent opportunity to strengthen inter-institutional efforts in the fight against the scourges of money laundering and Financing of terrorism at the country level."
British ambassador to Paraguay, Jeremy Alexander Hobbs, said that the elimination of money laundering is a topic that every country faces, and the United Kingdom is proud to have provided technical assistance to Paraguay in this area; As it has done, and continues to do, in several other countries in the region.
"This is one of many projects in which the UK and Paraguay work together to support local efforts to improve the business environment and ensure strong, sustainable economic growth," he said.
GovRisk provides high-level training to Mexico’s Federal Superioir Audit Office and Attorney General’s Office
Mexico City, 16, August 2016 – GovRisk, with the support of the British Embassy in Mexico and the Federation Superior Audit Office (ASF) designed a multidisciplinary initiative to train more than 30 high-level government auditors from the ASF and Attorney General’s Office (PGR) to support the country’s fight against corruption.
GovRisk experts assisted ASF officials in designing a quality control system appropriate to their mandate and in line with institutional reforms stemming from the National Anti-Corruption System.
“Combatting corruption is essential to spur economic growth in any country. Mexico has certainly taken a big step with the creation of the new National Anti-Corruption System,” said Duncan Taylor, the UK’s ambassador to Mexico.
This project seeks to establish corrective measures against corruption problems, making more effective the task of the supervisory body and taking into account that this will improve the management of public entities.
According to the head of the ASF, Juan Manuel Portal, it is hoped that the sharing of information, experiences, and international best practices, as well as methodological and procedural techniques regarding quality control of audits will strengthen these institutions in the fight against corruption.
GovRisk highlights financial crime as a priority for Burma as new government takes power
Rangoon, 17 March 2016 - GovRisk has encouraged Burma’s new government to continue the strengthening the country’s financial intelligence unit in order to clean up financial crime, noting, that Burma is on the intergovernmental Financial Action Task Force (FATF) blacklist for money laundering, but that it can be removed from the list if it can install sufficient policies to combat money laundering by the next FATF site visit.
“This is a complex subject. We want to make sure that everybody has an opportunity to understand what’s going on regarding financial crimes prevention,” Nicolas Le Moignan, director of training and consultancy at GovRisk.
GovRisk noted that in 2017 Burma will undergo an independent assessment of its adherence to the international standards set to combat the financing of terrorism and money laundering.
Burma’s FIU has made investigations into the real estate industry since 2014. Police Col. Kyaw Win Thein, the FIU’s deputy chief, encouraged real estate agents and bankers to report transactions involving large sums of cash, a response to suspicions that money laundering was rife within Burma’s property market and financial institutions. Banks were also asked to report clients with cash savings over a certain amount, though this figure was never released.
GovRisk noted that if Burma were to be removed from the FATF list, it would signal that some of the key building blocks needed to combat money laundering are in place.
GovRisk supports Burma’s fight against money laundering and the financing of terrorism by unveiling a new digital system
Rangoon, 10 March 2015 - Burma’s Financial Intelligence Unit (FIU) has been provided with a database system for Suspicious Transaction Reports (STRs). The FIU’s primary function is to receive, analyse and action such reports and the new system will improve analysis of their content while increasing efficiency. The system was developed specifically for the FIU by UK financial crime specialists GovRisk, and funded under the UK Government’s Prosperity programme, which seeks to open markets and strengthen good governance in partnership with local institutions.
Nicolas Le Moignan, GovRisk Director of Bespoke Training and Consultancy, who was present to implement the new system, remarked:
“I am delighted that we are able to provide this small but vital system to the FIU, which they will continue to develop along with other elements of the analysis function, thereby providing more actionable information to law enforcement. Thanks to new legislation and the FIU’s increased engagement with reporting entities, the number of reports is expected to increase, so it was important to meet this need promptly.”
GovRisk held the second of two round-table meetings with the FIU and representatives from the new reporting sectors covered under the 2014 Anti-Money Laundering Law. These included lawyers, accountants, real estate dealers and dealers in high value items, all of which now have a legal obligation to file Suspicious Training Reports. The aim was to explore some of the challenges posed by regulating these sectors, and allow both sides to agree to realistic timeframes for the introduction of rules, standards and training.