Africa: Money Laundering

(asked on 24th February 2022) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, with reference the sixth European Union - African Union Summit statement, entitled A Joint Vision for 2030, on 18 February, what steps her Department is taking to support the African Union in its efforts to tackle illicit financial flows.


Answered by
Vicky Ford Portrait
Vicky Ford
This question was answered on 4th March 2022

We have a regular dialogue with the African Union (AU) about tackling illicit financial flows. This aims to ensure complementarity between their activity on illicit financial flows in Africa and the UK strategy set out in the Economic Crime Plan. The FCDO provides support and advice to host Governments, the private sector, and civil society across the continent - working both through UN agencies and through a network of Countering Illicit Finance Policy Advisors in key financial centres in Africa. At the request of host Governments, the HMT Technical Assistance Unit supports Financial Intelligence Units with building anti-money laundering/combatting the financing of terrorism capacity in Official Development Assistance eligible countries in response to recommendations made by the Financial Action Task Force (FATF). The National Crime Agency provides capacity building in host Governments by supporting case work and mentoring on issues related to economic crime and corruption.

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