Representative of the Financial Intelligence Unit of Belarus took part in the Plenary meeting of the Financial Action Task Force (FATF )
Vitaly Prosvirov, head of the main division of the Financial Monitoring Department of the State Control Committee of Belarus was included in the delegation of Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG) and took part in FATF Plenary meeting and working groups meetings. In the EAG delegation were also included representatives of the financial intelligence units of Russia, China, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan and India.
FATF events were attended by representatives of FATF financial intelligence units, supervisory bodies and other competent authorities from more than 30 countries, as well as representatives of the UN, Egmont group, IMF, World Bank, European Commission, Basel Committee on Banking Supervision , regional groups and other authoritative international organizations.
During the plenary session were approved follow-up reports of Australia, Austria, Argentina, Aruba, Iceland, Canada, Luxembourg, Mexico, Netherlands, USA, Turkey, Japan.
In the framework of ongoing work to identify jurisdictions that may pose a risk to the international financial system was carried out the next update of FATF "black" and "gray" lists . Now only 11 states are included in "black list" (instead of fifteen in February 2013).
The other issues dealt with by this Plenary were:
adopting universal procedures for assessments conducted by assessment bodies;
continuing to develop guidance on effective implementation of beneficial ownership requirements;
conducting further research on the AML/CFT implications of virtual currency;
improving Global AML/CFT Compliance;
reviewing the voluntary tax compliance programmes in several jurisdictions;
exploring common issues between AML/CFT and data protection experts.
Within the FATF Plenary was also held consultative meeting of heads of EAG financial intelligence units under the chairmanship of EAG Chairman, head of the Indian delegation Dr. K.P. Krishnan.
The participants discussed the issues of improving of EAG management and organizational structure, coordination of EAG position, current situation with follow-up reports of Belarus, Kazakhstan, Kyrgyzstan and Tajikistan, organization of the 20th joint FATF/EAG Plenary meeting in Russia in June 2014.
In the framework of FATF Plenary V.Prosvirov had bilateral meetings with EAG Executive Secretary B.Toropov, head of the Global Program against Money Laundering and Terrorist Financing of the UN Office on Drugs and Crime A.Feshenko, leaders and representatives of FIUs of Russia , Kazakhstan, China, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan and India.