Seminar in Tashkent addresses measures to combat the financing of terrorism

Yulia Denisova, a representative of Rosfinmonitoring and an official of the Secretariat of the Council of Heads of Financial Intelligence Units of CIS Member States (CHFIU), took part in a joint seminar organized by the CHFIU Secretariat, the CIS Anti-Terrorism Center, the Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG), and the International Training and Methodology Centre for Financial Monitoring (ITMCFM). The event took place in Tashkent, Republic of Uzbekistan.

The seminar aimed to strengthen cooperation between financial intelligence units and law enforcement agencies in countering the financing of terrorism. Over two days, representatives of relevant authorities from CIS member states, including financial intelligence, supervisory, and specialized agencies, exchanged experience and best practices in interagency cooperation and international collaboration.

Yulia Denisova noted that the main threats in the CIS region continue to include international terrorism, fraud, the criminal use of new technologies, and transnational crime. At the same time, analysis of financial investigation materials and criminal cases confirms the presence of a financial trail in a significant number of crimes.

“Despite the resources available to financial intelligence units, we cannot achieve meaningful results on our own. Interagency cooperation is not merely a necessity –  it is a key instrument for ensuring security and financial stability in the region,” Yulia Denisova emphasized.

The representative of the CHFIU Secretariat also drew participants’ attention to the need for strict monitoring of compliance with international AML/CFT standards and the implementation of the recommendations of the Financial Action Task Force (FATF).