How We Work

The EU GF-AML/CFT provides third countries with access to various forms of technical assistance, tailor made to their specific needs. These activities are organised around three separate but intertwined pillars, each corresponding to one of the three project objectives:

Pillar 1: Strengthening the AML/CFT legislative, regulatory and policy framework

Technical assistance activities include evaluating existing legislative and regulatory frameworks, developing and strengthening them in-line with international standards; developing the analytical and policy frameworks; integrating specific elements (such as beneficial ownership) into the legal framework; and ensuring that laws and regulations contain specific provisions related to civil society and non-profit organisations.

Pillar 2: Building AML/CFT institutional capacity

This component provides capacity building support to AML/CFT actors in partner countries, including regulatory authorities, Financial Investigation Units, law enforcement agencies, the judiciary, specialised asset recovery bodies, civil society actors, including the media.

Pillar 3: Increasing national, regional and international cooperation on AML/CFT issues

This entails supporting international standard setting efforts and the development of bilateral agreements; promoting cooperation with/between regional or international organisations, groups and networks; supporting the creation of new AML/CFT networks; sponsoring participation in regional and international AML/CFT processes and events; and facilitating dialogue and cooperation between civil society actors, the private sector and public authorities.
Law AML CFT
public authorities AML/CFT

These three pillars provide technical assistance across the entire financial intelligence and penal chain. Support is available for the detection, assessment, investigation, decision and recovery stages.

Stages of the financial investigation and penal chain

Stage 1 of the financial investigation and penal chain - Detection
Detection
Stage 2 of the financial investigation and penal chain - Assessment
Assessment
Stage 3 of the financial investigation and penal chain - Investigation
Investigation
Stage 4 of the financial investigation and penal chain - Decision
Decision
Stage 5 of the financial investigation and penal chain - Recovery
Recovery
EU AML/CFT Global Facility COVID-19 response
Paris Peace Forum - Strengthening the fight against cultural property trafficking

Type of interventions

The EU GF-AML/CFT delivers technical assistance through various actions, including but not limited to:

  • Scoping missions
  • Policy advice and policy drafting support
  • Legislative and regulatory drafting support
  • Support to institutional capacity building
  • Bespoke online and onsite training
  • Mentorship
  • Regional and international networking
  • Provision of AML/CFT related procurement

Key principles

Tailored technical assistance: the project develops sustainable, two-way street partnerships with third country authorities, acknowledging the unicity of each country.
Flexibility and innovation: the facility adopts a pioneering approach, addressing under-researched topics and developing...
Regional integrated approach: the EU GF-AML/CFT closely associates with FATF Regional FATF Style Regional Bodies in delivering technical assistance.
Cross fertilisation: experts trained in one country later deliver capacity building training in new contexts.
EU principles of subsidiarity and complementarity: the project complements existing and/or previous AML/CFT activities to avoid duplication or inefficient overlapping of activities.