In 2024, the International Training and Methodology Centre for Financial Monitoring (ITMCFM), serving as the central Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) training hub for CIS countries, achieved a series of significant milestones. These included hosting 400 offline and online events, training over 5,600 experts, developing six new training materials, and conducting approximately 50 conferences, seminars, and other academic events at universities affiliated with the International Network AML/CFT Institute.
As a dedicated training organization, the ITMCFM strives to establish a unified AML/CFT training space by delivering training, education, and professional development programs for personnel within national anti-money laundering systems.
The ITMCFM employs a variety of formats to implement its initiatives in this field. In its 2024 annual report, presented to the CIS Executive Committee, the ITMCFM highlighted the following achievements:
- Organizing approximately 400 video conferences and in-person events, held both at its own facilities and at venues across CIS member states. These efforts successfully trained over 5,600 national experts.
- Providing representatives of financial intelligence units (FIUs) and other relevant agencies from CIS member states with access to ITMCFM’s distance learning courses that cover topics such as identifying beneficial owners, combating illegal drug trafficking, and countering money laundering (ML) through crypto and digital currencies.
- Developing six training and methodological materials drawing on the best AML/CFT practices of CIS countries.
- Supporting approximately 50 academic events organized by member universities of the International Network Institute (INI) from six CIS countries, including the IV International Olympiad on Financial Security.
- Delivering its traditional AML/CFT professional development training course with the participation of INI-affiliated universities. Notably, over the past six years, these courses have attracted more than 750 professors from 45 INI universities.
