Tashkent, Uzbekistan (UzDaily.com) -- An international Risk Assessment Center for the Legalization (Laundering) of Proceeds from Crime and the Financing of Terrorism will appear in the Commonwealth of Independent States. 

The agreement on its formation was signed by the CIS heads of state at the summit held in Bishkek on 13 October 2023, the press service of the CIS Executive Committee reports.

The initiative to create such an International Center belongs to the Council of Heads of Financial Intelligence Units of the CIS member States.

It is expected that the center will be an infrastructure providing secure exchange of data and electronic documents, which will contribute to improving cooperation between the Commonwealth states in the field of countering money laundering and terrorist financing, maintaining effective interstate information interaction through the work of financial intelligence units of the CIS states and ensuring a supranational risk assessment in this area.