To fulfill the competency of public awareness related to preventing and combating of money laundering and terrorist financing, the Financial Intelligence Office of the Unitary Police Service (“GIF”) held 2 training sessions on “Preventing and Combating Crimes of Money Laundering and Terrorist Financing” (“AML/CFT”) for 11 banks in Macao on 23 January 2024 and 6 March 2024 respectively. Approximately 210 participants attended these training sessions including senior management, compliance and other operational teams. During these sessions, representatives from GIF introduced the office’s latest functions and shared the most updated legal regulations related to preventing and combating crimes of money laundering and terrorist financing. They also discussed recent international trends and case studies for banking practitioners to enrich their understanding on detection and reporting of suspicious transactions, as well as to enhance the professional competence and capabilities of banking practitioners in preventing and combating financial crimes.

In addition, enhancing public awareness among juveniles has always been one of the key tasks of GIF. On 14 March 2024, GIF organized a “lecture” in Santa Rosa de Lima English Secondary School with the theme “Promotion of prevention of money laundering to juveniles”, with a total of 120 teachers and students joined this “lecture”. Through an interesting and interactive way to share case and promotional videos, the event aimed to raise awareness among juveniles on preventing and combating money laundering and terrorist financing, and encourage them to share this knowledge with their peers.

In the future, GIF will continue to organize relevant training sessions to assist various sectors and the public in Macao in raising their awareness regarding the preventing and combating of financial crimes.
 

GIF provided AML/CFT training to Bank SinoPac Company Limited

GIF provided AML/CFT training to the banking sector of Macao

Promotion of prevention of money laundering to juveniles - Santa Rosa de Lima English Secondary School