Key priorities are AML/CFT education and science


Published At Aug 16, 2017

The meeting of Rosfinmonitoring management and delegation of the Scientific and research AML/CFT centre (Fudan University, Shanghai, China) was held on August 16, 2017, in Rosfinmonitoring. Representatives of International Training and Methodology centre for Financial Monitoring (ITMCFM) also participated in the event.

In his welcoming speech Rosfinmonitoring Director Mr. Chikhanchin mentioned that for long period FIUs of Russia and China have been actively interacted within different international organizations, especially in Eurasian group on money laundering and terrorism financing (EAG). Such activities are highly appreciated by the FATF global network. Extension of this interaction can spread on educational projects.

According to Rosfinmonitoring Director higher level of stuff professionalism may increase FIU`s activity effectiveness. Taking into account this idea in Russian Federation was created multi-level training system. It has been developing in parallel with national anti-money laundering system. Creation of ITMCFM was the first step. Its main aim is to provide advanced training for AML/CFT specialists. In addition Institute of Financial and Economic Security (IFES) MEPhI was created. Later it had become the basic University of the network AML/CFT Institute. Following expansion of this network educational project can lead to strong regional system of stuff training.

Council of the Director of the Scientific and research AML/CFT centre Mr. Yan Lixin emphasized similar approaches of two countries in the field of education. Mutual exchange of students, training programmes and materials is the issue of strategic importance. Following it representatives of the center agreed to join network AML/CFT Institute. It will assist to bring Russian and Chinese AML/CFT positions closer.

Rosfinmonitoring Deputy Director Mr. Glotov and the first Deputy Head of ITMCFM General Director – Director of network AML/CFT Institute Mr. Ovchinnikov highlighted perspectives of educational AML/CFT students for national as well as for partner countries` anti-money laundering systems. Creation of the consolidated educational system, joint qualification assessment and certification system, development Russian – Chinese training programmes, sharing experience issues were also discussed during the meeting. Aware of media and public relations sides agreed to publish pilot issue of the AML/CFT journal in Russian, Chinese and English.

ITMCFM General Director Mr. Ivanov highlighted the center role in AML/CFT education development. He also noted related positions in certification system implementation and qualification assessment in the region. Chinese delegation also informed about willing to join video-conference-system. ITMCFM is an operator of the system within EAG.

memorandum of understanding was signed following the results of the meeting. It includes further steps in developing cooperation in the field of AML/CFT training and science.