Representatives of the State Control Committee took part in the events of the 30th Plenary Week of the Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG), which took place in Moscow on May 26-31, 2019.
The Belarusian delegation included representatives of the Financial Monitoring Department, Financial Investigations Department of the State Control Committee, the National Bank, the Ministry of Finance, the Ministry of Taxation, the Ministry of Internal Affairs and other interested state bodies. The events were attended by delegations of all EAG member states (Belarus, India, Kazakhstan, China, Kyrgyzstan, Russia, Tajikistan, Turkmenistan and Uzbekistan), as well as representatives of States and organizations with the status of observer in the EAG.
The participants approved the report on the EAG activities for 2018 and the EAG budget for 2020.
In accordance with the Procedures for conducting the 2nd Round of EAG Evaluations, a joint IMF / FATF / APG / EAG Report on Mutual Evaluation Report of the People’s Republic of China was submitted and approved. This Report was previously reviewed and approved at the FATF Plenary Meeting in February of this year.
The 1st report on the progress of the Kyrgyz Republic was heard and noted.
EAG Member States provided information on changes in national legislation relating to countering money laundering, terrorist financing and the proliferation of weapons of mass destruction, as well as conducting money laundering and terrorist financing risk assessments in countries.
The plenary meeting addressed issues related to the practical work of Member States in the area of countering the financing of terrorism. A typological report and methodological recommendations of the study on the topic “Specificity of cross-border drug settlement schemes and legalization of drug proceeds using electronic payment instruments and crypto currencies” were approved.
Representatives of the Financial Monitoring Department of the State Control Committee also took part in the events of the Council of Heads of CIS Financial Intelligence Units, which are held simultaneously with EAG events.