A workshop and a round table "The Role of the Immediate Outcome 4 in the Mutual Evaluation and the Phenomenon of De-risking: The Concept of Risk and Its Minimization" were organized by the International Training and Methodology Center for Financial Monitoring (ITMCFM) and the Association of Electronic Money and Money Remittances (AEM)


Published At Jun 26, 2018

In the events, which were held on  June 26 at the ITMCFM via videoconference system, 148 representatives of financial intelligence units, government agencies and the private sector of Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan took part.

From the lecture of the Chairman of the AEM Council, a member of the Presidium of the Advisory Council of the Rosfinmonitoring Interagency Commission, Victor Dostov, the audience from the EAG Member-States got acquainted with the concept and criteria of Immediate Outcome 4 (IO 4).  The concept of ML/TF risk and its different manifestations, the requirements of the governing FATF documents, the role of the private sector in the process of mutual evaluation, including practical examples, focused on the supervisory authorities and the private sector were discussed.

The participants noted the high level of informative value and the focus on the practical component of the workshop and the round table. It will provide significant assistance in the further work of experts from the EAG Member-States.