On August 11, Moscow, the New Generation program launched at the International Training and Methodology Centre for Financial Monitoring (ITMCFM). Yury Chikhanchin, Director of the Federal Financial Monitoring Service, and Dmitry Polikanov, Deputy Head of the Federal Agency for the Commonwealth of Independent States Affairs, Compatriots Living Abroad, and International Humanitarian Cooperation of the Russian Federation (Rossotrudnichestvo), welcomed the participants.
Now in its third year, the program is implemented by the Federal Financial Monitoring Service (Rosfinmonitoring) in cooperation with Rossotrudnichestvo and ITMCFM under the auspices of the International Movement on Financial Security. This year’s program brings together delegates from seven member states of the Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG).
During the five-day business and cultural program, representatives of the financial intelligence units of Belarus, India, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan will visit the Bank of Russia, the Federal Tax Service of Russia, and VTB Bank. They will also participate in roundtables, seminars, master classes, and other events.
In his opening address, Yury Chikhanchin wished the participants success and emphasized the importance of the program in preparing participants for the forthcoming round of mutual evaluations, highlighting the role of the initiative in strengthening professional skills and competencies across national anti-money laundering systems.
“I am pleased to welcome you to the launch of the New Generation program in Moscow. This initiative is closely linked to our continued promotion of the International Movement on Financial Security, of which you are an integral part. The training will not only prepare you for the evaluation process but will also enable you to anticipate future developments in international and national anti-money laundering frameworks, particularly as new technologies and forms of payment give rise to new challenges and threats," said Yury Chikhanchin.
On the first day of the program, the delegates will participate in a business simulation on the specifics of the upcoming FATF/EAG mutual evaluation cycle, attended a roundtable discussion on effective international information exchange, and took part in a case-study exercise on detecting and blocking assets linked to terrorist activities.
