Tasks and objectives

According to the Law of the Republic of Kazakhstan «Concerning the counteraction against laundering of illegally acquired proceeds and terrorism financing» the tasks of the authorized body on financial monitoring are the following:

• Realization of a uniform state policy in the sphere of counteraction against laundering of illegally acquired proceeds and terrorism financing;
• Counteraction against laundering of illegally acquired proceeds and terrorism financing, coordination of work of state structures in this direction of activity;
• Creation of uniform information system and conducting the republican database in the sphere of counteraction against laundering of illegally acquired proceeds and terrorism financing;
• Realization of interaction and an information exchange with competent bodies of the foreign states in the sphere of counteraction against laundering of illegally acquired proceeds and terrorism financing;
• Representation of interests of the Republic of Kazakhstan in the international organizations concerning counteraction against laundering of illegally acquired proceeds and terrorism financing.

To counteract against laundering of illegally acquired proceeds and terrorism financing Committee:

• Collects and processes data on operations with money and (or) other property that are subject to financial monitoring according to the Law about counteraction against laundering of illegally acquired proceeds and terrorism financing;
• Analyzes when due hereunder the received data;
• Coordinates the activity of state structures in the sphere of counteraction against laundering of illegally acquired proceeds and terrorism financing;
• Directs data to the law-enforcement bodies according to their competence if having reasons to assume that an operation with money or other property relates to laundering of illegally acquired proceeds and terrorism financing;
• Participates in elaboration and realization of programs of international cooperation on counteraction against laundering of illegally acquired proceeds and terrorism financing;
• Organizes formation and support of the republican database, and provides methodological unity and coordinated functioning of information systems in the sphere of counteraction against laundering of illegally acquired proceeds and terrorism financing;
• Participates when due hereunder in the activity of international organizations in the sphere of counteraction against laundering of illegally acquired proceeds and terrorism financing.