Officials from different parts of the world including INTERPOL gathered in Suva as part of Project TENTACLE which is the World Customs Organization's focused initiative against bulk cash smuggling, including the illegal trade of gems and precious metals.
In a significant step towards reinforcing the integrity of trade and financial systems in the Asia-Pacific region, the Fiji Revenue and Customs Service hosted the largest World Customs Organization's Anti-Money Laundering and Counter-Terrorism Financing workshop at the FRCS Headquarters in Suva.
The comprehensive week-long TENTACLE Workshop provided a platform for expert presentations and discussions on numerous facets of anti-money laundering and counter-terrorism by experts and country delegates.
FRCS says the project underscores the commitment of World Customs Organization members to bolster efforts in curbing money laundering and terrorism financing within the Customs sphere.
The workshop brought together 74 delegates representing 10 Customs administrations, 6 Financial Intelligence Units (FIUs), 6 Police administrations, as well as representatives from INTERPOL, the EGMONT Group of FIUs and the Regional Liaison Officers in Asia Pacific (RILO AP).
The forum is instrumental in augmenting the capacity of participants to fight the laundering of money and financing of terrorism in the customs arena.
While inaugurating the Workshop, FRCS CEO Udit Singh described the workshop as a testament to the collective commitment to safeguarding the integrity of the Asia-Pacific sub-region’s financial systems and protecting our societies from illicit activities.
Singh says the threats posed by money laundering and terrorism knew no boundaries.
He says they undermine the stability of economies, fund criminal enterprises, and pose a significant risk to national and international security.
The CEO adds as leaders and experts in their respective fields, it is incumbent upon us to work together, share knowledge, and implement best practices to combat these threats head-on.
Applauding Fiji's diligent efforts, the World Customs Organization acknowledged Fiji's unwavering dedication to security.
They say customs authorities have an essential role to play in anti-money laundering activities due to their unique positioning at all border areas.
The World Customs Organization reiterates its commitment to use its expertise to enhance the ability of Asian and Pacific nations to fight money laundering and safeguard the welfare of their people and countries against criminal threats.
With Customs officers forming the frontline defence at national frontiers, they play a crucial role in impeding the transit of unlawful commodities.
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