EAG representatives took part in the 15th APG Annual meeting

From 15 to 20 July 2012 the Working groups and Annual meeting of the Asia-Pacific group on combating money laundering were held in Brisbane (Australia).

The delegates considered a number of issues related to conducting mutual evaluations and monitoring of progress of member states in dvelopment of their national AML/CFT systems, as well as results of the typologies studies and set of logistical issues, in particular, long-term and short-term work planning, the APG and its Secretariat structures.

In the framework of interaction between the EAG and the APG the issue on holding a joint typology workshop was discussed. The «road map” on preparation to the workshop was also conceptually considered.

Moreover, the EAG and the APG Secretariats agreed to intensify contacts and experience exchange in the field of national AML/CFT risks assessment with the use of regional developments. The EAG representatives participated in the APG Working group on typologies meeting, where the results of typologies research leaded by the APG (“Trade based money laundering”) and the FATF (“Illicit tobacco trade”) were presented. The EAG confirmed its readiness to take part in the FATF research on counterfeiting conducted by India.