Oleg Ivanov, ITMCFM First Deputy Director General, participated in the Joint Forum of Supervisory Authorities and the Private Sector held in Moscow under the auspices of the EAG and MENAFATF.
In his report, Mr. Ivanov emphasized the importance of instilling a risk management culture among young people, as well as the core objectives of the International Movement on Financial Security.
Key points from his address included:
• Theoretical knowledge of financial behavior culture alone is insufficient. It is essential that the academic and expert communities work together to instill new values and behavioral models in young people.
• Young people often struggle to keep pace with the rapidly evolving landscape of financial security risks and the tools available to counter them.
• The International Movement on Financial Security is intended to protect the younger generation from financial security risks and prevent their involvement in illegal activities.
• Currently, there is no country whose youth are not targeted by criminal networks. Preventing their involvement in criminal activity is a task that should unite all stakeholders in the global anti-money laundering system.
• Raising awareness of financial security risks involves not only implementing large-scale initiatives — such as the International Olympiad on Financial Security — but also the continuous development of educational materials on this topic.
• Financial crime schemes vary significantly by country. Therefore, it is important to involve as many countries as possible in the development of training resources.
