UNODC and Kazakhstan's Agency on Financial Monitoring improve effectiveness of Anti-Money Laundering and Countering the Financing of Terrorism system

UNODC ROCA within its global mandates and the framework of the Programme for Central Asia 2015-2021 provides ongoing technical assistance to member states, including the Republic of Kazakhstan, in strengthening the legal framework, policies and national strategies on anti-money laundering and countering the financing of terrorism (AML/CFT).

 

As a result of working meetings of UNODC Regional Adviser on AML/CFT, Aliaksandr Vadziany with national partners and the implementation of ongoing projects with the Agency of the Republic of Kazakhstan on Financial Monitoring (the Agency), an agreement was reached on strengthening the capacity of the competent authorities of Kazakhstan in implementing UN Security Council Resolutions and Financial Action Task Force (FATF) Recommendations.

Strengthening legal systems, policies, and national strategies to counter laundering proceeds of drug trafficking is UNODC’s priority areas of technical assistance to national governments.

In this regard, on 28-29 September UNODC jointly with the Agency held a round-table meeting. International experts in AML/CFT field and over 50 national specialists of the competent authorities of Kazakhstan took part in the event, including the representatives of the General Prosecutor’s Office, the National Security Committee, the Ministry of Internal Affairs, as well as the Agency's central and regional AML/CFT specialists.

As Head of the Agency's International Relations Department Khamit Zhumabekov said in the opening remarks, by, this event contributes to the strengthening of interagency cooperation and increases the effectiveness of competent authorities in conducting parallel financial investigations in upcoming mutual assessment in compliance to FATF in the global money laundering and terrorist financing standards.

The participants in the meeting discussed the issues of amending the current legislation and the practical implementation of certain provisions. The meeting is another step towards increasing the capacity of operational units and investigative bodies to identify, track and suppress illegal financial flows.

The project is being implemented within the frameworks of the UNODC Reginal Programme for Central Asia jointly with UNODC Global Programme Against Money Laundering and with financial support of the Bureau of International Narcotics and Law Enforcement Affairs of the US. Department of State. 

Information in Russian language