Chairman`s speech

The Chairman of the Comitee of Financial Monitoring had stated on 12th plenary meeting of EAG on June 2, 2010.

The information on progress in creation and perfection of system of counteraction to legalization of ill-gotten proceeds and financing of terrorism of the Republic of Kazakhstan

The legislation. On March 9th the following was put into effect: framework and auxiliary Laws on counteractions to legalization of ill-gotten proceeds and financing of terrorism (POD/FT) and by-laws regulating the Rules of granting of data and information on operations by subjects of financial monitoring, the Order of representation of information by state structures, the Rules of the internal control, the List of the documents necessary for appropriate check of a client by kinds of subjects of financial monitoring, the Order of suspense of suspicious operations.

Now the Parliament Mazhilis has the bill of introduction of amendments in the Law to give it the status of the regulatory legal act of direct action.

They are conducting the work concerning ratification of the Dushanbe Treaty on counteraction to legalization (washing up) of criminal incomes and terrorism financing. The draft of the corresponding Law is coordinated with all interested state structures and in the nearest future it will be introduced in the Government of the Republic of Kazakhstan.

UIAS. The software on data collection about financial operations is put into operation. It is installed in all banks of the second level. Collection and delivery of messages on operations is carried out via channels of the Kazakhstan centre of interbank payments of the National Bank RK (KCIP).

The first stage of Uniform Information Analytical System which allows carrying out of the operative analysis is installed.

Along with it will be necessary to realize the tasks on creation of analytical subsystems, data storages and situational centre with user's knot of video conferencing within the limits of formation of Uniform information space EAG.

Egmont. The application form for membership in group Egmont is directed. FIU (Financial intelligence unit) of Kazakhstan was invited to the session of working group on development which will take place in the end of June within the limits of 18th plenary session of Egmont.

Last week the representative of FIU of Ukraine came with the inspective visit to Kazakhstan. During that visit there was held the estimation of condition of operative activity of Financial monitoring of Kazakhstan. The Questionnaire developed by Working group on legal questions is filled in and directed.

Interaction with SFM and state structures. The active explanatory work with subjects of financial monitoring is conducted on a constant basis. The web site of the Committee contains the section «For assistance to SFM» where instructions and recommendations are placed, as well as the answers to questions of subjects are constantly updated.

They held more than 30 meetings and trainings on a legal space explanation, establishment of business contacts and adjustment of the further interaction on realization of the task of creation of system of financial monitoring of Kazakhstan.

A number of actions were held together with the World Bank, United Nations Organization on drugs and criminality, OSCE, IMF, and also embassy of the USA and Rosfinmonitoring in the name of the International training-methodical centre of financial monitoring.

Interaction with the public and mass-media. From the beginning of year more than 40 plotting and publications appeared on TV and in press left. They covered the issues of the legal organization of system of financial monitoring of Kazakhstan and prospects of its development, explained the certain norms of national legislation and the international standards in sphere of POD/FT.

Professional training. Experts of the Committee pass improvement of professional skill on the basis of the International training-methodical centre of financial monitoring. The World Bank, United Nations Organization on drugs and criminality and embassy of the USA also render considerable assistance.

Now they study the question of preparation of financial analysts for the countries of the Eurasian region in Kazakhstan on the basis of the new University named after N. A. Nazarbaev in two directions together with embassy of the USA: 1) Master's programme, 2) improvement of professional skill of FIU employees, law enforcement bodies and subjects of financial monitoring.

This issue has been coordinated with the chairman of EAG. They arranged settlement MUMCFM on joint preparation of the curriculum in the given direction, and then the question on project start will be worked out.