COUNTERTERRORISM FINANCE: OPPORTUNITY FOR FINANCIAL

UNCLAS STATE 048412

SIPDIS

E.O. 12958: N/A
TAGS: KTFN PTER ECON EFIN PREL KCRM
SUBJECT: COUNTERTERRORISM FINANCE: OPPORTUNITY FOR FINANCIAL
REGULATORY TRAINING JUNE 16-20, 2008



1. This is an action request. Please see paragraphs 6-8.


2. The Federal Deposit Insurance Corporation (FDIC) will hold a
Counterterrorism Financial Regulatory training course at the FDIC
Training Facilities in Arlington, Virginia for participants from
addressee countries. This training is funded by INL and S/CT, which
co-chair the interagency Terrorist Finance Working Group. Washington
asks Embassies to invite host governments to participate, and to
provide names of attendees nominated for the course. The proposed
dates for the training are June 16 -20, 2008. Names of proposed
participants are requested by opening of business Washington time on
June 9.

Background


3. The CT Finance Regulatory Training Course is designed for
financial sector supervisors and regulatory staff to increase their
knowledge of how money laundering and terrorist financing
transactions are perpetrated, and the controls that should be in
place in financial institutions to detect and deter these actions.
The course will provide a basic overview of anti-money
laundering/counterterrorist financing (AML/CTF) examination
techniques, tools, and case studies. The course is structured for
multiple teams of examiners who will participate in practical
exercises. The course is also designed as a train-the-trainer course
that will provide attendees with the necessary tools to return to
their own countries and train their colleagues. The course offers an
excellent opportunity for countries to learn how to more effectively
implement their respective AML/CTF programs.


4. In consultation with the host government, each post is encouraged
to nominate up to five (5) officials to participate in this course.
Candidates should be regulatory or supervisory staff at government
financial regulatory agencies such as the central bank who deal with
AML/CTF compliance issues AND who would be able to train their
colleagues in the material presented. Although ability to understand
English is desirable, we can arrange for simultaneous translation, if
required, to be able to include the best-placed candidates for the
goal of enhancing a country's AML/CTF regulatory systems.


5. The course will be held at the FDIC's training center at 3501
Fairfax Drive, Arlington, Virginia (Virginia Square Metro stop). The
FDIC facility is a state-of-the-art regulatory training facility with
a hotel for students attached to the training complex. The FDIC will
conduct the course with interventions from the FBI, Treasury, and
other investigatory/regulatory agencies. The training program is
five days (Monday-Friday),and a block of hotel rooms has been
reserved for the approximately 25 participants. INL and S/CT will
provide funding to the FDIC for students' travel, lodging and per
diem, as well as covering the training costs.


6. Action Request: Washington requests action posts to invite host
governments to participate in this training opportunity, and to
provide by June 9, names and identifying information (name, position,
date of birth, passport number) of attendees, as well as any
interpretation needs. Please also include the name, email address
and phone number of the person at post who will be responsible for
nominating the candidates and taking care of administrative matters
in connection with this request.


7. The following information will allow all Embassies to debit the
FDIC account via the IPAC process: FDIC ALC number: 51000001;
Appropriation Symbol 51 X 4596 0000, Bureau Code 00. Description:
June 16-20 Intnl AML/CFT Training. Contact Name: Mary Davis FDIC
(703)562-6200. Embassies are authorized to charge against this
fiscal data to purchase round-trip, coach airline tickets for
approved participants. Embassies are further authorized to provide
M&IE (meals and incidental expenses) for each participant based on
actual travel dates and $150 to each participant for taxis. M&IE
rates for the Washington are $64 for full day and $48 for travel
days. FDIC will debit the account for lodging at the FDIC on-site
hotel at the daily rate of $148.84. Arrival in Washington should be
no later than June 15, 2008 and we encourage posts to arrange
departure on June 21, not on Jue 20, the last day of the training
course.


8. The following information must be provided for each expense
submitted to the FDIC: name of the post, name of person for whom
charges are being submitted and the purpose of the charge. Embassies
are further requested to send confirmed flight information and actual
costs, as well as confirmed MI&E and taxi disbursements, to the
points of contact for this training course: Sean Forbush at the FDIC,
202 898-8506, sforbush@fdic.gov; and Jim Wojtasiewicz at State S/CT,
202 647-6475, wojtasiewiczjp@state.gov.


9. Washington appreciates posts' support of the Counterterrorism
Finance Training and Assistance Program and looks forward to the
active involvement of host country candidates in the course.
RICE