Theme: IFF Measurements and Economic Impacts

Date: April 30 – May 6, 2023

Venue: Ubumwe Grande Hotel – Kigali, Rwanda

Background:

The issue of Illicit Financial Flows (IFFS) has been at the forefront of the international agenda, and Governments worldwide are joining forces to combat money laundering, tax evasion, international bribery and criminality, abuse of power and market abuse, which comprise the bulk of IFFs.

Negative effects of IFFs on African Economies include the depletion of foreign exchange reserves, reduced tax collection, cancellation of investment flows and increased poverty among others, several findings indicate that combating IFFs will require strong international cooperation and concerted and articulated actions by developed and African countries in partnership with the private sector and civil society. Therefore, this executive seminar is deaigned to:

1. Review, refine and consolidate the mapping of national agencies to measure IFFs.
2. Provide training on methodologies to measure IFFs, by providing a conceptual basis to the participants (guidelines, discussions) and technical training.
3. Review and discuss further steps, including the roadmap and action plan to combat IFFs and sustain the national compilation of IFF statistics.

Seminar Topics will include:

1. Illicit Financial Flows: What Do They Mean for African Countries?
2. What constitutes an IFF? (Illicit Source; Illicit Transmission/Transfer & Illicit Utilisation)
3. Combating Money Laundering, Tax Evasion and Illicit Financial Flows
4. International Bribery and Criminality
5. Freezing, Recovering and Repatriating Stolen Assets
6. The Role of National Agencies in Combating Illicit Financial Flows.
7. The Role of Political Stakeholders in Combating Illicit Financial Flows.
8. The Role of ICT in Combating Illicit Financila Flows.
9. Who are the IFF stakeholders?

Expected Participants:

1. Key Public Financial Management Agencies
2. Tax Agencies
3. Civil Society Organisations
4. Central Banks
5. Private and Public Financial Stakeholder

Mode of Delivery

The Executive Seminar shall be delivered by a team of professors from the University of Rwanda, professional trainers, and stakeholders in finance, using presentation materials, exercises, and references to example documentation and official guidance.

Group discussions will take place during the day to enable participants to exchange knowledge, experiences, and ideas. There shall be a Q&A session to give participants opportunities to ask some questions.

The workshop will run from 10:00 until 15:00 daily with suitable tea breaks, including lunch.

Contact US

For information about the Executive Seminar;
Email: info@bbwesley.co.uk,
Call: +442045112455 or +2347018295443
WhatsApp: +447907086992