OSCE supports Uzbekistan’s efforts to combat the financing of terrorism

On 3 June 2022,  the OSCE Project Co-ordinator in Uzbekistan (PCUz) in co‑operation with the Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG) and the Uzbek Prosecutor General’s Office organized an international scientific-practical conference themed “Legalization of the Proceeds of Criminal Activities and Financing of Terrorism: Modern Threats and Current Issues of Combating them”.

Experts from 16 countries and 15 international organizations discussed in Tashkent the implementation of the Financial Action Task Force (FATF) international standards, development of international co-operation, enhancement of the role of law enforcement and supervisory authorities in strengthening national Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) systems.

This initiative aimed to ensure effective interaction and co-operation at the regional level and the integration of the EAG member States into the international system of combating the legalization of criminal proceeds and the financing of terrorism in accordance with the FATF Recommendations. Participants also discussed the international standards for combating the legalization of criminal proceeds and the financing of terrorism.

The meetings of working groups and the 36th Plenary Meeting of the EAG preceded the conference. The representatives of EAG member States, the FATF Secretariat, as well as observer States and organizations attended this series of events.

The PCUz has been supporting the enhancement of the country’s AML/CFT legislation in line with the recommendations of the FATF for more than ten years and has been instrumental in helping the country to withdraw from FATF blacklisted countries and considerably improve its FATF regime.