To read this content please select one of the options below:

Design and implementation of a capacity development program – experience with combating money laundering and financing of terrorism in Mongolia

Cheong-Ann Png (Asian Development Bank, Metro Manila, Philippines)
Michael DeFeo (Independent consultant, Dallas, TX, USA)
Tristram Hicks (AML Consulting (Global), Brighton, UK)

Journal of Money Laundering Control

ISSN: 1368-5201

Article publication date: 5 October 2015

343

Abstract

Purpose

This paper aims to share experience in the design and implementation of a two-year capacity development program for combating money laundering and financing of terrorism in Mongolia.

Design/methodology/approach

The paper reflects the experience of the authors in the design and implementation of the program with inputs from their counterparts in Mongolia.

Findings

The program outcomes and the level of collaboration are generally positive, and the authorities and the Asian Development Bank agreed on a two-year extension of the program to further the progress made.

Originality/value

The authors hope to share key reflections from the program for the purpose of other similar programs or studies in the field of combating money laundering and financing of terrorism.

Keywords

Acknowledgements

Disclaimer: The views expressed in this paper are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank, or its Board of Governors or the governments they represent.

Citation

Png, C.-A., DeFeo, M. and Hicks, T. (2015), "Design and implementation of a capacity development program – experience with combating money laundering and financing of terrorism in Mongolia", Journal of Money Laundering Control, Vol. 18 No. 4, pp. 488-495. https://doi.org/10.1108/JMLC-02-2015-0006

Publisher

:

Emerald Group Publishing Limited

Copyright © 2015, Emerald Group Publishing Limited

Related articles