Uzbekistan and South Korea to combat money laundering

Tashkent, Uzbekistan (UzDaily.com) -- The Department for Combating Economic Crimes under the General Prosecutor’s Office of the Republic of Uzbekistan and the Korea Financial Intelligence Unit signed a memorandum of cooperation.

The document was signed on 3 September 2018 as part of the sixth symposium of the Asia-Pacific Group on Combating Money Laundering, held in Seoul, Republic of Korea.

Within the framework of the document, the parties intend to combat the laundering of criminal proceeds and financing of terrorism by exchanging information on suspicious financial transactions and persons carrying out them.

To date, the Department for Combating Economic Crimes under the General Prosecutor’s Office of the Republic of Uzbekistan has signed similar documents with 21 competent authorities of foreign countries (USA, Russian Federation, China, Japan, India, Turkey and others).