OSCE supports training on revised FATF standards in Kazakhstan
A two-day workshop on the revised Financial Action Task Force (FATF) standards, organized by the World Bank and the Kazakhstan’s Committee for Financial Monitoring with the OSCE Co-ordinator for Economic and Environmental Activities, the OSCE Centre in Astana and the US Embassy in Kazakhstan began on 4 April 2013 in Burabay, Kazakhstan.
Some 60 participants from Kazakhstan’s ministries, law-enforcement agencies, financial institutions, designated non-financial businesses and professions and national professional associations will study the recent revisions to the FATF international standards on combating money laundering and the financing of terrorism, and non-proliferation of weapons of mass destruction.
The FATF is the global standard-setter for measures to combat these threats and FATF recommendations are being applied by more than 180 countries around the world through affiliated regional bodies. The implementation of the revised standards will help increase financial transparency and strengthen security nationally, regionally and globally.