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Friday, 25 November 2022 16:48

CARICC participated in the 37th EAG Plenary meeting

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On November 21-25, 2022, meetings of the working groups and the 37th Plenary meeting of the Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG) were held in a hybrid format, which were attended by representatives of the EAG member states, the FATF Secretariat, as well as the states and organizations - observers of the Group.

On November 21, 2022, the representative of the Central Asian Regional Information and Coordination Center for Combating Illicit Trafficking in Narcotic Drugs, Psychotropic Substances and Their Precursors, Mr. Sh. Komilzoda, took part in the meeting of the Working Group on Typologies and Combating the Financing of Terrorism and Crime, organized via videoconference within the framework of the 37th EAG Plenary meeting.

The Plenary session listened to the 4th progress report of the Kyrgyz Republic with the revision of ratings for technical compliance as part of the 2nd round of EAG mutual assessments and noted the country's progress in improving the AML / CFT system. Rating upgrade agreed on one of the FATF Recommendations. The next progress report will be presented at the 39th EAG Plenary meeting.

Also, the Plenary approved the Plan for minimizing the identified regional ML/TF risks in the Eurasian region, approved the concept notes and started the following typological studies: under the leadership of the Russian Federation, a project included in the priorities of the Russian EAG Chairmanship, on the topic: “Monitoring the risks of using virtual assets for criminal purposes”, as well as under the leadership of the Republic of India, a project on the topic: “Laundering of criminal proceeds from corruption crimes and crimes against the interests of the public service”.

The plenary session gave a positive assessment to the results of the second International Financial Security Olympiad, which was held at the initiative of the Russian Federation from May to October 2022.

The 38th EAG Plenary Meeting will be held in June 2023 in the Republic of Kazakhstan.

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