Mission of Eurasian Group on combating money laundering arrives in Turkmenistan
Turkmenistan, Ashgabat, Nov.10 / Trend H. Hasanov /
A mission of the Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG) has arrived in Turkmenistan, an official Turkmen source said.
Ashgabat hosted a number of meetings of the Mission's members in the Majlis (Parliament), Foreign Ministry and the Finance Ministry of Turkmenistan. The sides discussed main directions of cooperation in the sphere of combating money laundering and financing of terrorism.
Turkmenistan joined the EAG in early 2010 at the 12th plenary meeting of the organization, held in Almaty. The EAG was established in 2004. It includes Belarus, Kazakhstan, China, Kyrgyzstan, Russia, Tajikistan and Uzbekistan.
In 2007, Turkmenistan became a member of the Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG). Before that Turkmenistan adopted a Law "On combating legalization of proceeds from crime and financing of terrorism".
Ashgabat is regularly visited by the delegation of the International Group on the development of financial measures to combat money laundering (FATF).
In addition, the IMF mission on anti-money laundering and combating the financing of terrorism (AML / CFT) welcomed the establishment of authorized state agency for financial monitoring in Turkmenistan in March this year.