Uzbekistan's Interdepartmental Delegation's Visit

Rosfinmonitoring hosted 8 August 2018 a meeting between Uzbekistan's interdepartmental delegation, led by Deputy Prosecutor General Akmalhuzha Mavlonov, and their Russian counterparts to discuss AML/CFT cooperation.

The purpose of the visit was to formulate joint proposals for strengthening partnership ties between the Russian Federation and the Republic of Uzbekistan in the field of science and education to combat money laundering and terrorist financing.

Among those making up Uzbekistan's delegation were representatives of the financial intelligence unit, the Ministry of Higher and Secondary Special Education, and the country's leading universities. Russia was represented at the meeting by Rosfinmonitoring, the Ministry of Education and Science, Rossotrudnichestvo, Lebedev Physical Institute (FIAN), MEPhI, and the International Training and Methodology Centre for Financial Monitoring (ITMCFM).

In his welcoming remarks to the participants, Rosfinmonitoring First Deputy Director Yu. F. Korotky underscored the common nature of the many new international ML/TF challenges and threats facing Russia and Uzbekistan. It is also important to be mindful of the changing tactics and strategies of ISIL, which, although very different from what it was just a few years ago, but still very much alive, is busy working to adjust its geographical footprint, rebuild its organizational structure and adapt to a new reality. Another focus area is the use of a risk-based approach for early detection of offences and development of pre-emptive strategies, an area where Rosfinmonitoring draws heavily on fundamental science.

"Uzbekistan's AML/CFT system continues to face many challenges and threats, most of which are not unique for this country. It is also important to be mindful of the changing tactics and strategies of ISIL, which, although very different from what it was just a few years ago, but still very much alive, is busy working to adjust its geographical footprint, rebuild its organizational structure and adapt to a new reality. The fact that some of the former ISIL combatants have taken up poppy cultivation in Afghanistan means that  in the near future the proceeds generated from drug trafficking can be used to finance terrorists," said  Korotky.

The visit by Uzbekistan's delegation to Russia will last until August 10. Among others, its participants will study Russia's system of AML/CFT science and education, including make visits to FIAN, the Finance University under the Russian Government, and the International Training and Methodology Centre for Financial Monitoring.