On May 29, Bishkek (Kyrgyz Republic) hosted the 27th meeting of the Council of Heads of Financial Intelligence Units of the CIS Member States (CHFIUs).
The meeting was attended by delegates from Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Uzbekistan, as well as observer countries - India and Iran.
In addition, among the participants were the representatives of the following international organizations: the CIS Executive Committee, CIS Anti-Terrorism Center, the Interstate Anti-Corruption Council, the International Training and Methodology Center for Financial Monitoring, the Eurasian Group on Combating Money Laundering and Financing of Terrorism and the Collective Security Treaty Organization.
CHFIUs Chairman, Director of Rosfinmonitoring Yury Chikhanchin welcomed the attendees and noted that in order to mitigate joint risks it is necessary to continue refinement of approaches, increase the efficiency of data exchange, as well as enhance the quality of the information sent.
State Secretary - Deputy Director of Rosfinmonitoring German Neglyad announced the results of the Russian anti-money laundering system. He noted that active and systematic work is underway in Russia to improve AML/CFT/CPF legislation. In particular, German Neglyad emphasized that last December the EAG Plenary adopted Russia’s follow-up report for the period from October 2019 to July 2023. Three FATF recommendations have been upgraded to Largely Compliant.
The meeting reviewed the International Risk Assessment Centre (IRAC) performance outcomes, as well as certain aspects of developing digital currency regulation. In this area, the private sector joins the CHFIUs activity. Its practical experience is of interest to financial intelligence units.
ITMCFM Director General Margarita Andronova presented a report on the activities of the training center as the backbone AML/CFT educational organization of the CIS member states.
The heads of delegations highlighted the importance of information sharing between financial intelligence units to minimize risks in the anti-money laundering sector within the CIS. Besides, they discussed certain issues of combating the terrorism financing in a closed format.
At the end of the meeting, Yury Chikhanchin awarded the CHFIUs insignia to representatives of countries and organizations for active and fruitful activities.
