1/10/2019 Awarding of AML/CFT Certificates to FMD and Finance Ministry Representatives

Representatives of Belarus’s government agencies took part in the assessor-training workshop of the Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG), held in Kazan, Russia on 24-25 September 2019.

EAG AML/CFT Assessor Certificates were awarded to two representatives of the Financial Monitoring Department of the State Control Committee and one representative of the Ministry of Finance.

These certificates will allow Belarusian assessors to participate in the assessments of compliance of the EAG member countries' AML/CFT systems with international AML/CFT standards, embodied by the FATF Recommendations.   

Having its own assessors will also help Belarus improve the national AML/CFT system, protect national interests and strengthen the country's position within international AML/CFT organizations.

Assessor training is provided for in paragraph 16 of the ML/TF Risk Mitigation Action Plan 2019-2020.

The EAG has already trained 13 assessors from Belarus (4 from FMD, 3 from National Bank, 2 from Interior Ministry and Finance Ministry each, and 1 from General Prosecutor's Office).

In 2016-2018, Belarusian assessors took part in the assessment of the AML/CFT system of Kyrgyzstan, and in 2017-2018 of Tajikistan. In addition, they have been involved in the assessment of the AML/CFT system of Belarus, which takes place in 2018-2019. The MER of Belarus will be presented at the EAG Plenary meeting on 25-29 November 2019 in Ashgabat (Turkmenistan).

State Control Committee of the Republic of Belarus