Belarusian delegation took part in events of 37th Plenary Session of EAG
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The Belarusian delegation, composed of representatives of the financial monitoring and investigation departments of the State Control Committee and other state bodies, participated in the 37-thThe plenary session of the Eurasian Group on Combating the Legalization of Criminal Proceeds and the Financing of Terrorism (EAG), which was held in Dushanbe (Republic of Tajikistan).
The EAG Plenary was attended by representatives of EAG member States, FATF Secretariat (Financial Action Task Force on Money Laundering), Egmont Group, as well as observer States and organizations in EAG.
During the event, the Plenary Meeting heard a report on the progress of the Republic of Belarus within the 2nd round of mutual assessments of the EAG, noting the progress of our country in improving the national anti-money laundering system. The next progress report is due from the Republic of Belarus in 3 years.
The Plenary also considered best practices, typologies and experiences in automating AML/FT analysis, with the Financial Investigations Department sharing their experience.
The EAG plenary session gave a positive assessment of the results of the second International Financial Security Olympiad, held at the initiative of the Russian Federation from May to October 2022, where Belarusian students won 2 awards.
By the decision of the Plenary, following an open vote, a representative from the Republic of Belarus was elected as Co-Chair of the EAG Working Group on Typologies, Countering the Financing of Terrorism and Crime.
In addition, on the margins of the Plenary held the 9th competition for the best interaction of state authorities in the system of countering the legalization of criminal proceeds, the financing of terrorism and the financing of weapons of mass destruction (ML/FT) in the EAG member states. The inquiry presented by the State Control Committee was the winner of this prestigious annual competition.
The 21st meeting of the Council of Heads of Financial Intelligence Units of the States members of the Commonwealth of Independent States, of which the Financial Monitoring Department is a member, was also held in Dushanbe. The financial intelligence units - members of the Council - have confirmed their intention to increase cooperation and cooperation within the organization.
EAG - international intergovernmental organization, established in 2004 to ensure effective cooperation at the regional level and the integration of EAG member States into the international system to counter the laundering of criminal proceeds and the financing of terrorism in accordance with universally recognized international standards. The EAG includes nine members - Belarus, China, India, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Turkmenistan and Uzbekistan.
The interests of the Republic of Belarus in the EAG are represented by the Financial Monitoring Department of the State Control Committee.