There's no time like the present for anti-corruption Collective Action in Malawi, as the country gears up to review and update its National Anti-Corruption Strategy.

Malawi, also known as the warm heart of Africa, is famous for its open and welcoming people and of course for one of the most spectacular lakes in the world, but it is also a county that has been shaken-up by massive corruption scandals in the past decade that have left their mark.

The Basel Institute's cryptocurrency expert, Federico Paesano, delivered a successful open training course on blockchain, cryptocurrencies and AML/CFT this week in collaboration with Zurich-based MME and its Senior Compliance Advisor, Chris Gschwend.

The two-day course, FinTech AML Compliance Training, covered the essentials of blockchain and how to adapt AML/CFT processes to the FinTech industry.

RESIST (Resisting Extortion and Solicitation in International Transactions) is designed as a training tool to provide practical guidance for company employees on how to prevent and/or respond to an inappropriate demand by a client, business partner or public authority in the most efficient and ethical way, recognizing that such a demand may be accompanied by a threat.

RESIST is intended primarily as a training tool to raise employee awareness on the risk of solicitation, including through frank discussion, and to propose practical ethical responses to dilemmas.

Bribery and corruption exist across all industries, but the engineering, construction and real estate sectors are particularly at risk, given the size, complexity and strategic importance of infrastructure-related initiatives in both advanced and emerging economies.