Officials from Turkmenistan’s institutions and representatives of non-governmental entities, involved in the Eurasian Group on combatting money laundering and financing of terrorism (EAG) Mutual Evaluation process are participating in OSCE-organized online consultations from 27 to 30 May 2020 in Ashgabat.
Representatives of the Ministry of Finance and Economy, Financial Monitoring Department (FIU), the Central bank, financial and non-financial institutions, the State Statistics Committee, law-enforcement and military bodies, as well as other relevant institutions and non-government organizations are attending the event.
The online consultations were organized in close co-operation with the Ministry of Finance and Economy of Turkmenistan within the framework of the OSCE Centre’s project on “Strengthening Adherence to Good Governance Principles”.
The Centre organized consultations to provide support as part of national preparations to undergo the Mutual Evaluation of EAG that is planned in September 2020. An international expert from Belarus facilitated the event. The expert also provided comments and proposals with regard to the first draft report on the Technical compliance of the national system of anti-money laundering and combatting financing of terrorism (AML/CFT) in accordance with the standards of Financial Action Task Force (FATF) and international best practices in the area.
“The OSCE’s strategic document mandated the Organization to implement activities in the AML/CFT area, including providing support in enhancing national legislation and mechanisms of its implementation in line with international standards,” said Natalya Drozd, Head of the OSCE Centre in Ashgabat, in her opening speech.
“The consultations are part of the Centre’s consistent work aimed at providing assistance to the government of Turkmenistan to implement international commitments in the area of anti-corruption and AML/CFT and we are committed to continuing our partnership,” Drozd said.