Turkmenistan, Ashgabat, June 5 / Trend H. Hasanov /
Turkmenistan as a full member joined the Eurasian Group on Combating Money Laundering and Terrorist Financing (EAG).
This news was announced during the 12-th plenary meeting of the EAG with the participation of international organizations, Member-States and observers of the EAG in Almaty. This organization was founded in 2004 as a part of such countries as Belarus, Kazakhstan, China, Kyrgyzstan, Russia, Tajikistan and Uzbekistan. About 15 countries and 14 organizations had observer status.
Turkmen President Gurbanguly Berdimuhammedov noted the importance of international cooperation in the fight against the laundering of proceeds of crime and the financing of terrorism, as well as improving the legal framework to combat crime.
In 2007, Turkmenistan became a member of the European Group on combating money laundering and terrorist financing. Before this law on Combating Legalization of Proceeds from Crime and Financing of Terrorism was approved.
Delegations of the Financial Action Task Force on Money Laundering (FATF) regularly visit Ashgabat.
In March, an IMF mission on combating money laundering and terrorism financing (AML / CFT) "welcomed" the establishment of the authorized state body for Financial Monitoring in Turkmenistan.
During the visit, the mission also noted "the commitment of the competent authorities of Turkmenistan to further improve the national system, AML / CFT, through active cooperation with the Eurasian Group on AML / CFT, FATF (Financial Action Task Force against Money Laundering) and IMF.