Press release

The system of financial monitoring of Kazakhstan prepares for the mutual estimation of conformity to the international standards of system of counteraction to legalization (washing up) of the ill-gotten proceeds and terrorism financing.

According to the decision of the Plenary session of the Eurasian group on counteraction of legalization of criminal incomes and terrorism financing (EAG) in July of current year it is necessary to hold the estimation of System of financial monitoring of Kazakhstan on conformity to FATF standards. Therefore, Astana is hosting the two-day seminar directed at discussion of questions of preparation for mission of mutual estimation of conformity of Kazakhstan financial monitoring to the international standards of struggle against washing up of ill-gotten proceeds and terrorism financing, organized by the Financial monitoring Committee of the Ministry of Finance of Republic of Kazakhstan in cooperation with the World Bank, United Nations Office on Drugs and Crime, International Monetary Fund and EAG Secretariat

Representatives of Agency of RK on struggle against economic and corruption criminality, Agency of RK on regulation and supervision of the financial market and financial organizations, Supreme court, State Office of Public Prosecutor, Committee of national security, Ministry of Internal Affairs, Ministry of tourism and sports, National bank of the Republic of Kazakhstan, and also Committee of the customs control, Financial monitoring committee and Tax committee of the Ministry of Finance take part in the work of the seminar. The seminar was opened by the Chairman of the Financial monitoring committee Musiraly Utebaev. On the first day of the seminar the representative of EAG Secretariat Sergey Teterukov has explained the procedure of mutual estimation to employees of state structures.

The chief expert of World Bank Klaudio Stroligo, experts of the International monetary fund Juseppe Lombardo and Rosio Ortiz Eskario within two days will share an operational experience in the given sphere, and will comment on system of financial monitoring of Kazakhstan in comparison with FATF standards.