Seminar on AML/CFT/PMDWP for non-commercial institutions

On August 14, 2018 Financial Monitoring Department and Ministry of Justice of the Republic of Tajikistan held a joint seminar with participation of representatives of non-commercial institutions on “Anti-money Laundering and Combating Terrorism Financing and Proliferation of Weapons of Mass Destruction Financing Prevention (AML/CFT/PWMDFP)” in the premises of the Ministry of Justice of the Republic of Tajikistan.

Mr. Mirsaizod Hakim Said, Deputy Minister of Justice of the Republic of Tajikistan has opened the seminar with a salutatory word and noted that the Republic of Tajikistan is in the running-up of the 2nd Round of Mutual Evaluation of national system on combating money laundering and financing of terrorism and financing of proliferation of weapons of mass destruction. Also it has been underlined that the 1st Round of Mutual Evaluation of national system on combating money laundering and financing of terrorism of the country in 2008 has been conducted by international experts, where the national system of the Republic of Tajikistan was evaluated as unsatisfactory and it was placed under enhanced monitoring mode. In 2014 during the 21st EAG Meeting on Anti-money Laundering and Combating Terrorism Financing the National system of AML/CFT RТ has been highly evaluated that became the reason of removal of the country from EAG enhanced monitoring and transition of the country to the standard mode. The National system of counteraction of legalisation of incomes received by criminal ways, financing of terrorism and financing of proliferation of weapons of mass destruction is an important mechanism of a state policy for fight against terrorism, criminality, and financing of proliferation of weapons of mass destruction, directed on protection of rights and freedom of the person and of the citizen, national security protection and maintenance of economic interests of the Republic of Tajikistan.

Then, Faizullozoda Faizullo, Director of Financial Monitoring Department under the National Bank of Tajikistan has extended gratitude to executive officers of the Ministry of Justice for organization of the given action. In particular, he has noted that terrorism being one of the basic challenges of the modern world may threaten our country too, which is a part of world community. The dishonorable guilty act - armed raid on foreign tourists in Dangara area obliges us to intensify efforts in sphere of struggle against such shameful phenomena as stability of system AML/FT largely depends on practical activities of corresponding domestic structures, organizations and each person in a society.

Further, experts of Financial Monitoring Department and representatives of the Ministry of Justice presented materials on following themes:

- legal bases of anti-money laundering and combating financing of terrorism and financing of proliferation of weapons of mass destruction in RТ;
- counteraction system of the National system on anti-money laundering and combating financing of terrorism and financing of proliferation of weapons of mass destruction;
- risk of engagement of non-commercial institutions to terrorist financing.

During the seminar representatives of non-commercial institutions have received from Faizullozoda F. full answers to their questions.  

At the end of seminar Faizullozoda F. has reminded that all social classes should take active participation for maintenance of the country’s security.

Financial Monitoring Department
NBT