Tashkent, Uzbekistan (UzDaily.com) -- The 27th meeting of the Council of Heads of Financial Intelligence Units of the member states of the Commonwealth of Independent States was held on 29 May in Bishkek. Delegations from Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan took part in the work of the Council, the press service of the CIS Executive Committee reported.

Representatives of the International Training and Methodological Center for Financial Monitoring, the Secretariat of the Interstate Anti-Corruption Council, the Eurasian Group on Combating Money Laundering and the Financing of Terrorism, the Anti-Terrorism Center of the CIS Member States for the Central Asian Region, and the Secretariat of the Collective Security Treaty Organization were invited to the meeting.

During the meeting, members of the Council discussed and approved measures taken to implement the Concept of cooperation of the CIS member states in the field of combating the legalization (laundering) of proceeds from crime, the financing of terrorism and the financing of the proliferation of weapons of mass destruction.

The progress in the implementation of decisions previously adopted by the Council was reviewed, and additional measures were approved in order to increase the efficiency of cooperation across all working groups.

A representative of the CIS Executive Committee informed the Council on the progress of ratification of the Treaty on Combating the Legalization (Laundering) of Proceeds from Crime, the Financing of Terrorism and the Financing of the Proliferation of Weapons of Mass Destruction from 15 October 2021 and the Agreement on the Establishment of the International Center for Assessing the Risks of Legalization (Laundering) of Proceeds from Crime by, and financing of terrorism from 13 October 2023.

In addition, the Council summed up the results of the International Youth Scientific and Practical Conference on the topic “Topical issues of interaction in the field of AML/CFT in the context of digitalization”, held in April 2024, took note of the information on the progress of work on the “Islamic Banking” project and the report on activities of the International Training and Methodological Center for Financial Monitoring as a basic organization for education in the field of combating the legalization (laundering) of criminal proceeds and the financing of terrorism.

Council members approved the draft annual report on their activities as an observer of the Eurasian Group on Combating Money Laundering and the Financing of Terrorism.

It is planned that the next meeting of the Council of Heads of Financial Intelligence Units of the CIS countries will be held in the Russian Federation in October this year during the final stage of the International Olympiad on Financial Security.