Eurasian group session in Moscow

Moscow, October 07, 2009 (Khabar) - The Eurasian group on counteraction against the financing of terrorism and money laundering of criminally acquired incomes has summed up the results of 5-years of work in Moscow. This is one of the largest regional structures involved in the fight against economic crimes and terrorist threats to date. Such countries as Kazakhstan, Russia, Belarus, China, Kyrgyzstan, Tajikistan and Uzbekistan are known to be the group’s member-states. The key directions of the Eurasian group’s work in the context of the global recession were also discussed at the meeting. According to the Financial Monitoring Committee of the Finance Ministry of Kazakhstan Musiraly Utebayev, preparations and training sessions for specialists in the area of financial analytics and expert examinations are being conducted in Kazakhstan in an active fashion.
Musiraly Utebayev, chairman of Financial Monitoring Committee, Ministry of Financial of Kazakhstan:
- A law on income legalization has been enacted in Kazakhstan. It’s a framework law which has 26 amendments and additions to it. We believe that it’s a great step for Kazakhstan and we are determined to intensify these efforts. We are training specialists in the area of information systems for financial monitoring. We are gaining experience today and the members of the Eurasian group are helping us actively in this sense.

At present, the member-states of the Eurasian group are working on approving a document which confirms the structure’s international status.