THE FINANCIAL ACTIVITIES CONTROL COUNCIL (COAF) AND RISK ANALYSIS ON CURRENCY EXPORTATION

Abstract

This study analyzes the role of the Financial Activities Control Council (COAF) in preventing and combating illegal currency exports, with a focus on money laundering and foreign exchange evasion. The research, of a qualitative and exploratory nature, is based on a review of literature, documents, and the analysis of institutional data. It is observed that COAF plays a strategic role in the national financial system, by receiving and analyzing communications about suspicious transactions, producing reports that support investigations. However, the agency faces structural, operational, and technological challenges, in addition to limitations in integration with other institutions. The study concludes that COAF's role is essential, but requires regulatory advances, institutional strengthening, and the use of intelligence technologies to ensure greater effectiveness in combating financial crimes.