THE CARIBBEAN ANTI-MONEY LAUNDERING PROGRAMME
A Regional Response in a Global War

Caribbean Anti-Money Laundering Programme
In association with the Caribbean Financial Action Task Force
Funded by the European Union and the Governments of
the United States of America and the United Kingdom

How CALP Works

Background

The Caribbean Anti-Money Laundering Programme (CALP) was formally established in March 1999 to provide technical assistance and training to beneficiary countries in their anti-money laundering efforts. In an effort to prevent the flow of illicit funds to the region, the Programme was developed in response to a request by Caribbean governments for assistance from the international community to tackle money laundering and related serious crime.

It is a five year Programme funded by the European Union through CARIFORUM, the United States of America and the United Kingdom. Caribbean governments and financial institutions have stepped up the offensive against money laundering and are collaborating on educational and training, as well as legal and judicial and law enforcement programmes.

CALP has subprogrammes in three main areas, each of which is headed by a specialist Adviser :

1. Legal/Judicial
2. Financial Sector
3. Law Enforcement

Legal/Judicial: Headed by an experienced barrister/attorney at law in the prosecution of money laundering cases, asset forfeiture and the confiscation of criminal proceeds. Part of his major responsibilities includes advising beneficiary countries in the drafting of legislation and regulations and the training of prosecutors, magistrates and the judiciary in money laundering matters.

Financial Sector: Headed by an experienced accountant, banker and financial sector regulator. His main duties include working with Central Banks and the financial sector within the region to strengthen supervisory standards and regulatory regimes. Specific training through workshops and seminars is also provided to the financial sector in the prevention, detection and reporting of money laundering activities.

Law Enforcement: Headed by an experienced police officer who is involved in training of police and other relevant authorities in the investigation of money laundering and related crimes. He also advises on the formation of Financial Investigation/Intelligence Units throughout the region. Participants in these training courses are accredited as Caribbean Financial Investigation Officers who become the key law enforcement point of contact for financial institutions with regard to money laundering issues.