NEWS - 7 Jan 2025

Crime and Money Laundering

WEBINAR SERIES

What is going on beneath the surface of the global financial system? According to the International Monetary Fund (2019), up to 37% of international transactions may be linked to illicit activities. Tackling this hidden economy requires operational insights and tools capable of navigating between legitimate activities and those that are merely disguised as such.

The Georgetown Americas Institute and Transcrime – Università Cattolica del Sacro Cuore invite you to a three-part virtual seminar series that unpacks the strategies, structures, and solutions driving the fight against financial crime.


Session 1 – Rethinking Regulation and Transparency

Date: 14 January 2025
Time: 12:00 p.m. – 1:00 p.m. EST
Speakers:

  • Elisa de Anda, President, Financial Action Task Force
  • Roberto de Michele, former Head of the institutional capacity of the state division of the institutions for development sector, Inter-American Development Bank

The first seminar will provide in-depth discussion on the evolving international regulatory landscape and the transformative role of technology in detecting and preventing illicit transactions. We will explore pivotal initiatives aimed at enhancing corporate ownership transparency as a fundamental step in dismantling the infrastructure of financial crime.


Session 2 – Are We All Criminals?

Date: 21 January 2025
Time: 12:00 p.m. – 1:00 p.m. EST
Speakers:

  • Michele Riccardi, Deputy Director, Transcrime – Università Cattolica del Sacro Cuore
  • Marcela Melendez Arjona, Deputy Chief Economist, Latin America and the Caribbean, The World Bank

Given the tight knot between the licit and the illicit economy, the second seminar will discuss how to distinguish money laundering by criminal and non-criminal organisations and how to adopt appropriate policy responses. Are we all criminals? Are the strategies for laundering different when carried out by legitimate businesses or by criminal organisations?


Session 3 – Measuring Impact

Date: 28 January 2025
Time: 12:00 p.m. – 1:00 p.m. EST
Speakers:

  • Joras Ferwerda, Associate Professor, Utrecht University School of Economics
  • Sean Hagan, Nonresident senior fellow, Peterson Institute for International Economics| Professor, Georgetown University Law School

The final session will focus on measuring the impact of criminal activity and money laundering. We will discuss different methodologies for measuring the extent of illicit financial activity, including cross-border illicit financial transactions. Which indicators can help us detect illicit transactions? How does money laundering impact on the governance and credit scoring of jurisdictions?

Register here.