Uzbekistan, Tashkent, Jan. 28 / Trend, D. Azizov /
The Uzbek Cabinet of Ministers has adopted a resolution. According to it, the department for combating tax, currency crimes and money laundering under the Uzbek Prosecutor General's Office has been charged with upholding the Agreement of the Eurasian Group on Combating Money Laundering and Financing of Terrorism.
The preamble of the document said that the document was adopted to execute the law on the ratification of the agreement approved in December 2011 and to fulfill its provisions through Uzbek ministries and departments.
The government instructed the department and other ministries, agencies and law enforcement bodies to ensure the fulfillment of the obligations arising from the Agreement of the Eurasian Group.
The new department includes representatives of other ministries, departments and law enforcement bodies as experts to form the Uzbek delegation to participate in the plenary sessions and other events held within the Eurasian Group.
The Eurasian Group was established in 2004. The Eurasian Group includes nine countries: Belarus, India, Kazakhstan, China, Kyrgyzstan, Russia, Tajikistan, Turkmenistan and Uzbekistan.
The Eurasian Group is a regional group similar to the Financial Action Task Force on Money Laundering (FATF), an intergovernmental organization established in 1989 upon a G-7 decision and is dedicated to the development of international standards for combating money laundering and terrorism financing.
Today, the group is a FATF associate member.
There are 35 FATF member states. The Eurasian Group is a FATF associate member.
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