On 24 April 2026, Prof. Eduard Ivanov, Acting Head of the Research and Analytics Department of the International Anti-Corruption Academy (IACA), contributed to the workshop titled “From Analysis to Action: Strengthening the FFIU–GMS AML/CFT Policy Framework.”

The workshop was organized by the Forum of Financial Intelligence Units of GIABA Member States (FFIU – GMS). It aimed to support regional FIU leadership in West Africa by translating regional strategic products into harmonized policy instruments and enhancing the effectiveness and efficiency of AML/CFT frameworks.

Prof. Ivanov presented the outputs of IACA’s research on typologies of corruption in the financial sector and provided practical examples demonstrating the negative impact of corruption on AML/CFT compliance management systems in financial institutions, especially regarding their reporting obligations under AML/CFT laws.

He emphasized the importance of effective cooperation between financial intelligence units, regulatory, and supervisory authorities in detecting financial institutions involved in money laundering and other illicit activities.