The Delegation of the Financial Monitoring Department of the State Control Committee of Belarus headed by the Director of the Department Alexander Maksimenko took part in the plenary meeting of the FATF, an influential organization that sets international standards for anti-money laundering measures and combating the financing of terrorism.
Representatives of Belarus worked in the framework of the delegation of the Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG), an associate member of the FATF. In the EAG delegation were include also the representatives of the financial intelligence units of Kazakhstan, Kyrgyzstan, Tajikistan and Turkmenistan. Other EAG members – The Financial Intelligence Units of Russia, China and India -participated in the FATF Plenary meeting as full members of the FATF.
At the meeting the financial intelligence units of Argentina, Australia, Turkey, Ireland, Japan presented the reports on the progress to improve the national systems for combating money laundering and terrorist financing.
During the FATF Plenary meeting was approved the report of the Asia Pacific Group (APG) on Trade Based Money Laundering. The participants of the meeting also discussed the Reference Guide and information note on the use of the FATF Recommendations to support the fight against corruption, the Best Practices Paper on Confiscation and a Framework for Ongoing Work on Asset Recovery, the Best Practices Paper on Managing the Anti-Money Laundering and Counter-Terrorist Financing Policy Implications of Voluntary Tax Compliance Programmes.
Head of the Financial Monitoring Department of Belarus A.Maksimenko held a series of consultations and meetings with colleagues from other countries on strategic cooperation in the framework of EAG and FATF. All news
Financial Investigations Department
Financial Monitoring Department
