Consultations with private sector

Consultations with private sector

The EAG conducts consultations with private sector institutions of the region in matters pertaining to the practical application of the international AML/CFT standards (the FATF’s Recommendations).

Trends in the development of international and regional AML/CFT systems, key risks and ways used to mitigate them are analyzed during the consultations. The results of the typologies research conducted by the EAG’s experts are discussed.

Consultative forums are a dialogue between supervisory bodies and private sector institutions. Based on the conclusions drawn at the meetings, practical recommendations are devised in order to minimize the risks that financial and non-financial institutions may get involved in criminal schemes, as well as make oversight in the sphere of AML/CFT more efficient.

Past consultations with the private sector:

October 14-15, 2021 VII EAG/ITMCFM International Supervision Forum "Tools and Mechanisms of Risk-Based Approach in AML/CFT Supervision"

April 28-29, 2021 Meeting of the International Compliance Council on regional ML/TF risk assessment and risks during the spread of COVID-19 

September 29-30, 2020 VI International EAG/ITMCFM Forum on the Functioning of the AML/CFT System in the Challenging Epidemiological Situation and Consultations with the Private Sector 

September 26-27, 2019 V International Seminar "Public-Private Partnership as a Tool to Increase the Efficiency of the AML/CFT System" and Consultations with the Private Sector

September 13-14, 2018 IV Workshop “Effective Supervision as a Mechanism for Ensuring the Non-Financial Businesses and Professions' Involvement in AML/CFT System”

September 20-21, 2017 III Workshop “Effective Supervision as a Mechanism to Ensure Financial System Transparency and Stability"

December 12-13, 2016 II Workshop “Effective Supervision as a Mechanism to Ensure Financial System Transparency and Stability"

May 20, 2015 Consultative Forum "Risks Assessment and Private Sector role. Guiding principles and Feedback"

June 16, 2014 Consultative Forum "Risk-based approach to New Payment Methods"

May 22, 2012 Consultative Forum "Public authorities and private sector co-operation improvement in relation to new FATF standards"

June 14, 2011 Consultative Forum on revision of the FATF standards.

May 31, 2010 Kazakhstan and Russia Consultative Forum on Financial Security of Private Sector and AML/CFT Best Practices.

June 8, 2009 trilateral consultations with private sector with participation of Russia, India and China.

December 16, 2008 the EAG consultations with private sector

October 25-26, 2007 the EAG consultations with private sector

December 12, 2006 the EAG consultations with private sector