The International Compliance Association (ICA), a leading professional body for the global regulatory and financial crime compliance community, announced a partnership with the Mexican Association of Ethics and Compliance Professionals (AMPEC) to offer the ICA’s full suite of accredited qualifications in Mexico.
Topics covered in courses will include anti-money laundering (AML), anti-corruption, combating the financing of terrorism (CFT), and managing sanctions risk, among others. Undertaken by over 142,000 professionals globally, the ICA’s qualifications are designed to equip industry professionals with the knowledge and skills they need to mitigate and detect financial crime risk more effectively, combining global best practice, case studies, and practical advice.
New legislation passed in 2019 promised to strengthen the Mexican authorities’ ability to combat money laundering. However, compliance and money laundering reporting officers in the country continue to be confronted with significant risks stemming from rampant organized crime, such as drug trafficking, extortion, corruption, and tax evasion.
“Significant opportunities exist to develop a more robust and effective compliance program in Mexico, and education and training should form a key component of government and private sector efforts in this regard,” said ICA President Bill Howarth in a press release. “That’s why ICA is particularly proud to have partnered with the Mexican Association of Ethics and Compliance Professionals to develop best practice in the management of risk and help individuals, government institutions, and organizations make a difference in the country’s multi-billion-dollar fight against corruption and financial crime.”
The International Compliance Association is a sister company to Compliance Week. Both organizations are under the umbrella of Wilmington plc.