Central Bank holds a meeting with the EAG Executive Secretary
Tashkent, Uzbekistan (UzDaily.com) -- As part of the second round of mutual assessment of the national system for combating money laundering and terrorist financing of the Republic of Uzbekistan, a meeting of the leadership of the Central Bank of the Republic of Uzbekistan with the Executive Secretary of the Eurasian Group on Combating Money Laundering and the Financing of Terrorism (EAG) Sergey Teterukov.
The parties discussed topical issues of the upcoming mutual assessment of the effectiveness of the national system for combating money laundering and terrorist financing and the technical compliance of the legislation of the Republic of Uzbekistan with international standards.
It was noted at the meeting that recently Uzbekistan has developed a number of relevant draft laws aimed at more effective application of international AML/CFT standards; steps have been taken to minimize the risks of money laundering and terrorist financing in the banking and non-banking sectors.
During the meeting, the parties expressed their readiness for further fruitful cooperation.
According to the schedule for the second round of mutual evaluations of the EAG member states from 14 June to 2 July 2021, an on-site mission of EAG appraisers is underway as part of the assessment of the national AML/CFT system of the Republic of Uzbekistan.