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Giving Tuesday – Strengthening Financial Integrity

FSVC trainings in the Democratic Republic of the Congo and Tajikistan. 2023

#GivingTuesday is coming soon! On this occasion, we would like to share one way in which FSVC is building sound financial sectors in developing countries. We express our sincere gratitude to our generous financial supporters, whose contributions have made this meaningful work possible.

FSVC’s mission focuses on strengthening financial sectors, financial management, and governance across the emerging market world. A core part of our work helps tackle corruption, money laundering and the financing of terrorism (AML/CFT). FSVC works to enhance the capacity of government institutions, the private sector and civil society organizations (CSOs) to fortify financial integrity. In the Democratic Republic of the Congo, Albania and Tajikistan, for example, FSVC actively addresses critical deficiencies in their AML/CFT frameworks, supporting the development of financial sectors that are more resilient, inclusive and globally connected.

In the Democratic Republic of the Congo, FSVC collaborates with key institutions, such as the Financial Intelligence Unit (FIU), the Anti-Corruption Agency, Customs, the Bankers Association and CSOs, to enhance the detection, analysis, investigation and prosecution of financial crimes. FSVC is also preparing the FIU to apply to the Egmont Group, an international organization that facilitates intelligence sharing in AML/CFT.

In Albania, FSVC is actively fostering improved coordination among key entities such as the FIU, the Central Bank, other supervisory authorities and law enforcement. Through enhanced inter-agency collaboration, FSVC’s work is helping to bolster the detection of terrorist financing risks within the financial system. One result of FSVC’s technical assistance is that the Albanian FIU has conducted on- and off-site inspections of more than 125 reporting entities over the past year and a half.

In Tajikistan, FSVC is assisting the Central Bank in enhancing monetary policy and risk management practices, thereby promoting financial stability within the country. In addition, FSVC is building the capacity of financial institutions to strengthen AML compliance and reporting. For example, in September 2023, FSVC conducted a training on enhancing sanctions screening, and walked participants through the requirements and processes of various sanctions lists.

FSVC remains dedicated to advancing financial integrity worldwide. Private donations are critical in helping us continue our mission to promote resilient and inclusive economies in developing countries. Can we count on you to be part of our generous network of supporters?

Your contribution to FSVC, a 501(c)(3) organization, is tax-deductible to the extent permitted by law.

About Us

The Financial Services Volunteer Corps (FSVC) is a not-for-profit organization that helps strengthen financial sectors in developing and emerging market countries. It does so with the ultimate aim of promoting job creation, economic growth and a better quality of life. FSVC structures practical, results-oriented technical assistance and training missions staffed by senior financial sector professionals who serve as unpaid volunteer experts. Over the past 33 years, more than 10,000 volunteer experts from the international financial, legal and regulatory communities have taken part in 3,600 missions, impacting millions of people in 70 countries.