FSVC builds the skills of all relevant stakeholders along the financial chain to effectively detect, mitigate and disrupt financial crimes, including those linked to terrorism finance. FSVC partners with financial regulators, law enforcement agencies, and private financial and non-financial institutions, to build a financial ecosystem that is adaptive and resilient to the threat of terrorism.
By disrupting the financing of terrorism, FSVC helps prevent terrorist activities.
Key FSVC indicators from 2006 to present:
42
Countries Served
640
Projects Completed
17,130+
Volunteers Deployed
23,135+
People Impacted
$47,048,500
Donated Services
Central & Eastern Europe
East & Southeast Asia
South America
South & Central Asia
Key Accomplishments
- Democratic Republic of the Congo: FSVC mentored the Financial Intelligence Unit through the development of its first ever strategic analysis report using real suspicious transaction report (STR) data. Strategic analysis is a critical component of financial crime prevention, as it serves to identify trends and patterns in terrorist financing.
- Tajikistan: FSVC strengthened the quality of STRs by building the skills of more than 1,000 commercial bank and microfinance staff; updating the STR form and developing STR guidance for reporting entities; and creating an operational manual for the Financial Intelligence Unit.
- Somalia: FSVC facilitated the first-ever on-site AML/CFT examinations of money transfer businesses in Somalia. To that end, FSVC trained the Central Bank in AML/CFT examinations, and developed an examination manual and risk assessment tools.
01
Expanding Access to Finance
Expanding Access to Finance
Help small and medium-sized enterprises (SMEs) drive job creation, competition and innovation.
02
Strengthening Regulation & Supervision
Strengthening Regulation & Supervision
Build the capacity of central banks and regulatory agencies to promote a sound and competitive financial sector.
03
Promoting Capital Markets Development
Promoting Capital Markets Development
Deepen capital markets and their supervision to create greater financing and investment opportunities.
04
Expanding Commercial Banking
Expanding Commercial Banking
Strengthen the capacity of banks to provide the credit and services that drive development and economic growth.
05
Strengthening Public Financial Management
Strengthening Public Financial Management
Help governments better manage resources to provide citizens with infrastructure and services.