The Middle East and North Africa (MENA) are significant illicit drug sources, with Afghanistan consistently leading world opium production — a situation likely to worsen with the Taliban’s takeover of the country last August. It’s a significant global security issue, considering the nexus of narco-proceeds and terrorist financing throughout MENA. This webinar will examine the intersection of terrorism and drug trafficking in the MENA region, particularly emphasizing Afghanistan under the Taliban-led government. Furthermore, panelists will take a deep dive into corresponding illicit money movements via both formal and informal financial channels, and provide key AFC program considerations for compliance officers.
Developing an in-depth understanding of the illicit drug trade in Afghanistan and the wider Middle East and North Africa region, including terrorism networks, substances, and transportation routes
Examining the corresponding money movements and the impact of the evolving situation in Afghanistan following the Taliban’s takeover in August 2021
Identifying key AFC compliance program considerations to effectively mitigate risks, including sanctions, KYC, CDD, high-risk customer and transaction monitoring to effectively detect and report DTO and terrorist-related activity