OSCE Programme Office in Nur-Sultan supports training seminar on anti-money laundering and combating terrorist financing in Kazakhstan

An OSCE-supported three-day seminar on the preparations for the expected second round of the Eurasian group’s (EAG) mutual evaluation of Kazakhstan’s compliance to the Financial Action Task Force’s (FATF) standards on anti-money laundering and countering terrorist financing (AML/CFT) efforts concluded on 25 November 2020 in Almaty.

Some 35 representatives from the Agency for Financial Market Regulation and Development, the Financial Monitoring Committee and the National Bank attended the event, which was held in a hybrid format.

International experts from the Russian Federation, Uzbekistan, Belarus and Ukraine shared their expertise on ways to demonstrate a country’s technical compliance with the FATF Recommendations and the effectiveness of the AML/CFT system. They also elaborated on the best practices in the AML/CFT national risk assessment, improvement of interagency co-operation and building an effective partnership with the private sector on AML/CFT.

The OSCE Programme Office in Nur-Sultan organized the event in co-operation with the United Nations Office on Drugs and Crime, the Agency for Financial Market Regulation and Development and the Financial Monitoring Committee as part of the Office’s multi-year efforts to promote good governance and advance the host country’s AML/CFT system in compliance with FATF standards.