Lawyers from Ramallah, Jericho and Salfit receive anti-money laundering training

A group of 36 Palestinian members of Palestine’s Bar Association (PBA) from Ramallah, Jericho, Salfit and the surrounding area received a one-day training on money laundering delivered by EUPOL COPPS experts from Italy, Sweden and Palestine on 28 January 2019. This training follows on from a similar workshop delivered at the end of 2019 for 80 lawyers from Hebron and was delivered in cooperation with the PBA.

“It is estimated that illicit financial flows stemming from money account for anywhere between 2-5% of global GDP,” said Karin Lundstrom-Kron, Senior Criminal Justice Expert at EUPOL COPPS. “Limiting opportunities for criminals to make illegal revenue appear legal is an important element in making criminal activity less attractive. This is why it is so important for lawyers to understand the frameworks developed to fight money laundering”.

The awareness raising workshops organised by EUPOL COPPS provide explanations of the international standards governing the fight against money laundering, information on how these standards are applied in Palestinian law as well as international best practices in fighting money laundering.

The Palestinian Authority has agreed to adopt and implement the standards of the Financial Action Task Force - an intergovernmental body set up in 1989 to set standards and promote the effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system.

“The fight against money laundering involves many different stakeholders, organisations and professions,” said Mohammad Armaneh, Legal Adviser at EUPOL COPPS. “We are happy to be working with the Palestinian Bar Association to ensure that more lawyers are aware of the role they can play in preventing money laundering”.