Offshore Structures and Mutual Legal Assistance
The combination of offshore banking and offshore legal entities and structures provides the means for criminals to hide their profits, and distance themselves from the beneficial ownership of stolen assets.
This ICAR training programme focuses on a variety of topics which impact on the manner criminals attempt to hide their illegal proceeds. These include offshore corporations, trusts and their functions, secrecy, layering of trust and shell companies, beneficial ownership and offshore banking. Through the use of an extensive hands-on practical exercise, the participants conduct a country-specific simulated investigation.
The training programme includes a practical case scenario that is country-specific and focuses on unravelling corporate structures and beneficial ownership. The participants create an offshore corporate entity that could become fully functional if registered. Various financial centre jurisdictions and offshore bank havens are examined to determine account opening requirements, amount of due diligence information available and techniques for freezing and analysing accounts.
The participants analyse and discuss best practices for Mutual Legal Assistance (MLA) in respect of various jurisdictions. An interactive workshop requires them to identify and initiate the key steps necessary to address a successful request for international assistance to the relevant foreign jurisdiction for a variety of investigative needs.
In addition to the MLA workshop, the participants are divided into teams to conduct a complex simulated asset tracing investigation involving the layering of offshore structures. The investigation requires the use of specific MLA techniques, the unravelling of trust and corporate entities, the formulation of the proper questions to obtain all critical foreign evidence and the following of various types of evidentiary leads.
Sample training materials include:
- Example template for an MLA request
- Example contents of an MLA request
- Example of a Trust Deed
- Example of a Letter of Wishes
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We recommend that the Financial Investigations and Asset Recovery programme be taken first as it lays the basis for the other programmes. In order to receive a Certificate of Completion and benefit from the interactive group work, participants are required to attend for the full duration of the workshop.
The costs of our training programmes include fees and trainer expenses, and are negotiated on a case-by-case basis in close cooperation with the partner country or funding institution, which has requested our training services.
For more information, please contact us at: + 41 61 205 55 11 or firstname.lastname@example.org
Target audience: Investigators, prosecutors, FIU representatives, judges
Number of participants: 25–35 on-site; up to 20 virtually
Duration: 5 days
Location: On-site or virtually
Programme language: English; other languages possible with interpreters