The 27th EAG Plenary Meeting on AML/FT

The 27th Plenary Meeting of EAG on counteraction of legalisation of criminal incomes and terrorism financing (AML/FT) and Working Teams Meetings of the given organization have taken place in Moscow (Russian Federation) on November 21 – 24, 2017. Representatives of the EAG member-states, including Belarus, China, India, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Turkmenistan and Uzbekistan, also representatives of some other countries and International institutions that have observer status within the EAG have attended the above-mentioned events.

The 27th Plenary Meeting of EAG was held under presidency of Mr. Chikhanchin Yuri Anatolyevich, Chairman of the EAG (Russian Federation). The Chairman conveyed the Message of President of the Russian Federation, H.E. Putin Vladimir Vladimirovich to participants at the 27th plenary meeting of the Eurasian Group on Anti-money Laundering and Combating Terrorism Financing (EAG). It has been noted that only close cooperation between all EAG member states will make it possible to effectively resist the growth of terrorism and organized crime, protect our common interests and promote international peace, stability and security.

Delegations of the Republic of Tajikistan, along with other EAG member-states, have taken part in the 27th Plenary Meeting of EAG. The Delegation, which included the representatives of Financial Monitoring Department of the National Bank of Tajikistan, was led by Mr. M.M. Vatanzoda – Legal Assistant to the President of the Republic of Tajikistan, Head of Interdepartmental permanent commission on Anti-money Laundering and Combating Terrorism Financing and Proliferation of Weapons of Mass Destruction.

At the Plenary Meeting Ms. Jinhua Hao, Representative of the People’s Republic of China as EAG Chairman for the period of 2018-2019 and Mr. Chikhanchin Yuri Anatolyevich as Deputy Chairman of the EAG were elected. At the meantime within the limits of the Plenary Week the CA Regional Information Coordination Center was assign status of EAG Observer. 

Along with other issues the Report Draft on mutual evaluation results of the Kyrgyz Republic, which is the 1st Report in the EAG 2nd round of mutual evaluations on conformity of the EAG member-states AML/CFT/CPF system with Financial Action Task Force on Money Laundering (FATF) was considered at the Plenary Meeting. Considering the Report Draft, the Plenary Meeting came to a conclusion that experts-evaluators and the EAG Secretariat should develop and submit the Report Draft for approval to the 28th EAG Regular Plenary Meeting . It should be noted that the given decision on abovementioned task was approved by the Plenary Meeting.

During the meeting member-states delegation have familiarized with amendments to FATF Standards, activity of the given group in the period before the 27th Plenary Meeting, and also have learnt about new initiatives of this organization in terms of various International Agencies in AML/CFT/CPF sphere.

It is necessary to note that during session the EAG Member States provided information on the changes introduced to their national AML/CFT legislation, and also concerning preparation processes, performance and results of the National risks estimation on anti-money laundering and combating the financing of terrorism (AML/CFT). The additional information on results of Plenary Meeting is placed on the EAG website (www.eurasiangroup.org).

Financial Monitoring Department
NBT