Theme: Fostering Growth and Meeting International Standards

Hosts: The International Governance and Risk Institute (GovRisk) / The UK Foreign and Commonwealth Office

Venue: Hotel Riu Plaza - Panama City

The International Governance and Risk Institute (GovRisk) and the UK Foreign and Commonwealth Office are proud to present the 2013 Caribbean and Americas Forum on Financial Crime Prevention, which will take place in Panama City, 14th - 18th January 2013. This year’s programme focuses on the need to balance a growing and dynamic economy with a stable and judicious regime for financial crime prevention in our institutions and our economies. This problem is not a new one, but has intensified in recent months since the introduction of the February 2012 revised FATF standards.

The requirements are clearer on transparency, tougher on corruption and require organisations to have enhanced due diligence for domestic PEPs and embed tax offences into their AML controls. In every jurisdiction, the market is increasingly demanding that the way you do business meets standards and expectations. A key issue for the institutions and governments involved in implementing the revised FATF recommendations will be understanding the new obligations and considering flexible approaches that do not overly burden their operations but target responses to address threats.