Over the decades, the world has cooperated in the development of a comprehensive international framework that promotes international cooperation and mutual legal assistance for the recovery of the proceeds of crime. However, given the difficulties in reaching global consensus on concrete rules of asset recovery, the existing international instruments provide for a minimum standard approach framework, thus resulting in the need to supplement this framework with concrete, fair and clearly articulated rules, designed to protect the interests of both requesting and requested States Parties.
The United Nations Office on Drugs and Crime (UNODC), the Chamber of Commerce, Industries and Agriculture of Panama(CCIAP), the Financial Analysis Unit (UAF), the Banking Association of Panama(ABP) and the Regional Anti-Corruption Academy for Central America and the Caribbean (ARAC) celebrated on October 29, 2014, the International Day for the Prevention of Money Laundering, with a breakfast symposium, in which the presentation "Money Laundering Prevention: A Shared Responsibility" was delivered by expert Antonio Jenkins-Lara.
On Tuesday, October 7 2014, the Regional Anti-Corruption Academy for Central America and the Caribbean (ARAC), in collaboration with the University Santa Maria la Antigua (USMA), launched a diploma on "Measures for the Prevention and Fight against Corruption", the first of its kind in the region.
On October 3 2014, at the Bolivar Palace, headquarters of the Ministry of Foreign Affairs of Panama, the Regional Anti-Corruption Academy for Central America and the Caribbean (ARAC) collaborated with the San Felipe Foundation and the Ministry of Foreign Affairs of Panama, in the closing ceremony of the X San Felipe Values Fair.
The Values Faire gathered six hundred students from several primary schools of San Felipe, accompanied by their teachers and families, who enjoyed several presentations focused on the Panama Canal Centennial, in which values and principles were promoted as the basis for progress of the nation.
On September 29 2014, closing ceremony activities took place at the General Daniel Centeno de León School, which was selected as a pilot primary school for the Anti-Corruption Values Programme.
Students from each grade competed in a series of painting, poetry, oratory and socio-dramas contests, related to the anti-corruption theme. The winners were chosen and awarded by a jury of the following authorities: Melissa Flynn, Academic Coordinator of the Regional Anti-Corruption Academy for Central America and the Caribbean (ARAC), Amilcar Bonilla, General Secretary of the Accounts Prosecutor´s Office of Panama, and Argés Bonilla, Legal Asistant of the Accounts Prosecutor's Office of Panama.
In the framework of the fight against corruption through prevention and strengthening values, the Regional Anti-Corruption Academy for Central America and the Caribbean (ARAC) in collaboration with the Accounts Prosecutor´s Office of Panama, launched the Programme for the Promotion of Anti-Corruption Values at the Primary School Level.
On 21 August 2014, the Anti-Corruption Regional Academy for Central and Caribbean (ARAC), in collaboration with the Canadian Embassy in Panama, hosted the conference entitled: "Prevention of Money Laundering and General Knowledge on the Asset Recovery Process". This event took place at the Crowne Plaza Hotel in Panama City, Panama.
From 20 to 22 August 2014 in Panama City, Panama, UNODC ROPAN and the Regional Anticorruption Academy for Central America and the Caribbean (ARAC), hosted in collaboration with the Panama Banking Association, as well as other institutions in the public and private sectors, the XVIII Hemispheric Conference for the Prevention of Money Laundering and Combating the Financing of Terrorism. The conference targeted officials and representatives from financial institutions including banks, credit unions, currency exchanges, casinos, insurance companies, and brokerage houses.