CIS Council of Heads of Financial Intelligence Units Was Held in Dushanbe

Published: 11.11.2014

The regular session of the Council of Heads of Financial Intelligence Units of the members of the Commonwealth of Independent States chaired by Y.A. Chikhanchin,  Rosfinmonitoring Director, was held on November 11, 2014 in Dushanbe (Republic of Tajikistan).

The delegations from the member-states of  the Establishment Agreement of the CIS Council of FIU Heads - Armenia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan - participated in the session.

Soloviev V.V., Deputy Director of the CIS Anti-Terrorism Center, Toropov B.V., Executive Secretary of the Eurasian Group on combating Money Laundering and Financing of Terrorism (EAG),  and Ivanov O.A., General Director of the International Training and Methodology Centre for Financial Monitoring, had also been invited.

That session of the CIS Council of FIU Heads was the first after the Summit of Heads of CIS member-states held in October 2014 in Belarus where the amendments to the Agreement on the CIS Council of FIU Heads had been approved.

The agenda of the meeting in Dushanbe had 14 topics among which Conception of Collaboration of FIUs, Work plan for 2015-2016, Conception of information exchange system between CIS FIUs, Activity plan to combat the financing of terrorist and extremist activity on the territory of the Commonwealth for the next year.  All those documents were approved by the Council. The participants also listened to the reports of Belarus and Russia on the evaluation of risks and threats in AML/CFT as well as on the development of risk management procedures. Moreover, the audience paid special attention to the topic of search and recovery of illicit assets on the CIS territory and to the issue of FIU cooperation in the combating of laundering the proceeds from illicit trafficking of drugs  and their precursors.

Decisions on key aspects were made at the end of the meeting. For instance, to create a Working Group on Risks and Threats Evaluaton in the AML/CFT Area.
The  participants acknowledged Rosfinmonitoring data concerning drug proceeds. They decided to develop additional measures to provide an operational information exchange between FIUs in this field to mitigate the risks of the infiltration of the dirty money of transnational drug groups into the financial systems of the CIS and its laundering.

The next Council meeting will be held in May 2015 in Bishkek (the Kyrgyz Republic). 

The participants noted that the meeting of the Council of Heads of Financial Intelligence Units of the members of the Commonwealth of Independent States had had an ambience of mutual trust, understanding and meaningful dialogue.

Thanks to the joint efforts within the Commonwealth the financial intelligence units of the member-states allow to provide a comprehensive approach to enhance the stability and security, to improve the procedural and institutional systems, and to implement adequate forms of partnership compliant with the modern requirements.