Mariano Federici.

Mariano Federici.

Ex -Presidente de la Unidad de Información Financiera (UIF), Argentina

Mr. Federici is a senior international expert in the field of financial integrity. He has a vast experience in advising governments and financial systems, and has held various senior responsibilities at the national and international levels, in the area of anti-money laundering and counter-terrorist financing (AML/CTF). Mr. Federici has successfully managed public sector institutions, large teams and projects and has exercised leadership in his home country, at the regional and global levels, making important contributions to promoting financial integrity in the international financial system. He has approached the subject of financial integrity from different angles, such as the policy development, technical assistance / capacity building, and operational ones, from the country specific as well as the regional and global views, giving him a broad perspective of the topic, its challenges and opportunities. Mr. Federici was President of Argentina’s Financial Intelligence Unit (Argentina’s FIU) from January 2016 to January 2020, exercising regulatory, financial intelligence and criminal justice responsibilities. During his term in office, Mr. Federici held numerous international positions at global AML/CFT organizations, such as:

• CHAIR of the Egmont Group of Financial Intelligence Units.
• Vice Chair of the Egmont Group’s Committee.
• Regional Representative for the Americas at the Egmont Group.
• Chair of the Financial Action Task Force’s (FATF) Heads of FIU Forum.
• Co-chair of the FATF’s Risk, Trends and Methods Working Group (RTMG).
• Co-Chair of the Grupo de Acción Financiera de Latinoamerica (GAFILAT)’s Mutual Evaluations Working Group.

In the past, Mr. Federici worked as Senior Counsel for the International Monetary Fund’s (IMF) Legal Department and Regional Advisor for the IMF’s Legal Department in Latin America and The Caribbean, providing in both cases high level policy, legal and technical advice on financial integrity issues to IMF member countries as well as to the organs and staff of the Fund. He also worked as a Foreign Associate for Sullivan & Cromwell’s New York Office and as partner and associate for leading argentine law firms. Among his most recent achievements, it is worth highlighting Mr. Federici’s leadership in advancing the following priority objectives for his country and the global community:

• Developing the Argentina-US Dialogue on Illicit Finances, which served as a key instrument for the bilateral strategic partnership among the two nations;
• Promoting the establishment of sanctions regimes across the Americas and the designation of Hezbollah as a terrorist organization by Latin American countries;
• Promoting the imposition of countermeasures to Iran at the FATF, given Iran’s failure to cooperate in the fight against money laundering and terrorist financing;
• Investigating and dismantling major corruption and money laundering networks related with Venezuela’s governmental regime;
• Investigating and dismantling major drug trafficking and money laundering networks related with Colombian and Mexican drug cartels operating in the region;
• Contributing to the development and enhancement of international norms, standards and principles in the area of financial integrity;
• Contributing to the development of national ML/TF risk assessments and national AML/CFT strategies as key public policy instruments for financial integrity;
• Raising awareness on the relevance of FIU autonomy and operational independence as a key pillar for the sound exchange of financial intelligence among countries;
• Reforming the argentine AML/CFT regulatory framework for financial institutions incorporating the risk-based approach to it in accordance with international standards;
• Promoting the development of public-private partnerships for information exchange between governments and financial institutions;
• Fostering the global dialogue between FIUs, the FINTECH industry and virtual asset service providers to enhance their cooperation against financial crimes;
• Promoting the importance of financial inclusion (and the threats posed by financial exclusion) to financial integrity and national security goals;

Mr. Federici has directed post graduate degree programs in the area of financial integrity at the School of Business of the Catholic University of Argentina and the Law School of the Catholic University of Salta. He has also lectured as regular and visiting professor at various universities across the world. Mr. Federici is an active promoter of financial integrity within civil society and has exercised several key roles in this area in civil society organizations. Mr. Federici was born in Buenos Aires, Argentina and is a citizen of Argentina and Italy. He holds a law degree (Juris Doctor) from the Catholic University of Argentina and an LL.M. (Master in Laws) from the University of Virginia’s School of Law, in the United States.