THE THREE-DAY EVENT WILL CONVENE OFFICIALS FROM THE WORLD BANK, THE UNODC, AND REPRESENTATIVES FROM SAINT LUCIA’S PUBLIC AND PRIVATE SECTORS.

The National Anti-Money Laundering Oversight Committee (NAMLOC), in partnership with the World Bank, will host a landmark Trade-Based Money Laundering (TBML) Risk Assessment Workshop from September 3rd–5th, 2025 at the Finance Administrative Centre, Pointe Seraphine, Castries.

This high-level, three-day event will convene officials from the World Bank, United Nations Office on Drugs and Crime (UNODC) and representatives from across Saint Lucia’s public and private sectors including trade, commerce, finance, law enforcement, border control, and regulatory bodies. The sessions are designed to foster collaboration, deepen understanding, and develop practical strategies to address threats and vulnerabilities related to trade-based financial crime.

The workshop serves as a critical platform to strengthen Saint Lucia’s National capacity to detect and combat TBML. Officials from the World Bank and UNODC will use a pilot TBML risk assessment tool developed by the World Bank, to explore TBML typologies, risks and assess vulnerabilities.

Saint Lucia has been selected as the first country to test and apply this innovative TBML risk assessment tool, underscoring the island’s commitment to leading regional efforts in combating money laundering and terrorist financing. This pioneering role reflects the nation’s proactive stance in reinforcing financial integrity and ensuring compliance with international standards.

The outcomes of this workshop are expected to inform national policy, enhance inter-agency cooperation, and contribute to Saint Lucia’s ongoing efforts under its 2025 National Risk Assessment. NAMLOC and the Attorney General’s Chambers reaffirm their commitment to building resilience, strengthening institutions, and protecting Saint Lucia’s financial and trade systems from exploitation.