Courses
Enhancing the understanding of Money Laundering (ML), Terrorist Financing (TF) and Proliferation Financing Risks (AML)
September 21st to 25th, 2025
The Financial Action Task Force’s (FATF)[1] standard requires countries to identify, assess, and understand the money laundering, terrorist financing and proliferation financing (ML/TF/PF) risks and apply a risk-based approach (RBA)[2] (i.e., ensure that measures to prevent or mitigate ML/TF/PF are commensurate with the risks identified). Countries continue to experience challenges in developing and maintaining an up to date and proper understanding of these risks. The IMF has developed a rigorous methodology and tools to conduct a risk assessment and provides technical assistance (TA) to help countries undertake this exercise and use its findings to inform their AML/CFT policies and better allocate resources to target highest priority ML/TF risks. In recent years, IMF staff strengthened tools for NRA technical assistance and developed more specialized modules covering specific types of risk assessment (e.g. to assess the ML/TF risks related to legal persons and legal arrangements, NPOs and VAs and VASPs).
