The 30th Session of the Council of Heads of Financial Intelligence Units of the CIS Member States (CIS CH FIUs) was conducted on May 27 in Moscow.
Chaired by Rosfinmonitoring Director Yury Chikhanchin, it brought together FIU heads and experts from Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan as members, and representatives of observer countries, international organizations, and facilitating authorities.
Director Chikhanchin welcomed the role of CIS CH FIUs as a key tool of international coordination against such common threats as international terrorism, illicit narcotics trafficking, corruption, and money laundering:
“A growing wave of cyberthreats and financial fraud is a special concern. Criminals take advantage of modern technology, such as virtual means of settlements, secure messaging, and artificial intelligence, to steal and move their illicit proceeds across borders,” he said.
The Session reviewed progress on current issues for 2024, and deliberated on topics of common interest, such as:
- intelligence sharing and
- national and cross-border cooperation between FIUs and international organizations, law enforcement, and other stakeholders,
underscoring the need to consolidate efforts to minimize ML/TF risks in the Eurasian region and continue working against the financial underpinnings of the criminal world.
The delegates also took part in a CIS CH FIUs workshop, sharing best practices on developing and strengthening national risk assessment centers and strategic analysis systems.
