Concept of EAG uniform information space approved

The concept of uniform information space of the Eurasian Group on combating money laundering and financing of terrorism (EAG) approved, the statement of the Eurasian Group on combating money laundering and financing of terrorism, following the results of the 10th plenary session taken place on 10 -11 June in St. Petersburg, Russia.

Following the results of the session, its participants accepted the documents: the concept of EAG uniform information space, EAG consolidated position on FATF Group for review of international cooperation (Special Financial Commission at Financial Action Task Force on Money Laundering (FATF), in particular, concerning increase of importance of the regional groups like FATF in its work.

The following representatives of EAG member states took part in the work of the session: Belarus, Kazakhstan, China, Kyrgyzstan, Russia, Tajikistan and Uzbekistan, and also EAG observers - FATF, World Bank, United Nations Office on Drugs and Crime (UNODC), CIS Executive Committee, the Collective Security Treaty Organization (CSTO), the Organization for Security and Cooperation in Europe (OSCE), the Eurasian Development bank, the Asian Development Bank, Council of Europe Expert Group on Counteraction to Money Laundering & Terrorism Financing and representatives of the observer states: India, Italy, Poland, Moldova, the USA, Turkmenistan, Turkey, and Ukraine.

Source: UzReport.com