27 March, 2018
The workshop was held in Minsk on March 26-27, 2018 in cooperation with Secretariat of the Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG) and International Training and Methodology Centre for Financial Monitoring (Russian Federation). The principal goal of this event was to prepare representatives of the national system for combating legalization of criminal proceeds (anti-money laundering), counter-terrorist and anti-proliferation (AML/CFT/APF).
Republic of Belarus is undergoing such evaluation in 2018-2019. Results of that evaluation will have a significant influence on the functions of the national financial system.
The forthcoming evaluation will consist of several stages: National evaluation of the risks of legalization of criminal proceeds and financing of terrorist activities; filling in and provision to the assessors of technical assessment questionnaire on compliance of the national law with the FATF Standards and questionnaire on efficiency of the AML/CFT/APF system; preparation to the visit and visit of the Assessment Team of the Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG) to the Republic of Belarus; preparation of the mutual evaluation report on the AML/CFT/APF system of the Republic of Belarus and discussion of the report at the EAG Plenary.
At the workshop, representative of the EAG Secretariat, the International Training and Methodology Center for Financial Monitoring, and Federal Financial Monitoring Service covered the topics of the national risk evaluation, international experience in evaluation of anti-money laundering systems, implementation of targeted financial sanctions pursuant to United Nations Security Council Resolutions, and supervision of financial institutions.
More than 60 delegates from the national authorities of the Republic of Belarus that play a role in the national AML system participated in the workshop.
This is the first of a serious of workshops aimed to prepare the Republic of Belarus to evaluation of its AML/CFT/APF system.