The Programme Office in Nur-Sultan supported a two-day seminar on anti-money laundering and combating the financing of terrorism (AML/CFT) on 1 and 2 August 2019 in Almaty, Kazakhstan.
Experts from Belarus, Slovenia and Ukraine familiarized 55 representatives from the National Bank of Kazakhstan, the Financial Monitoring Committee, second-tier banks, insurance companies and the securities market with open source intelligence, financial technologies, virtual currencies and web-based money laundering typologies.
The participants were introduced to money laundering schemes linked with corruption offences and to ways of identifying, assessing and mitigating related risks.
Representatives of Kazakhstan’s National Bank and Financial Monitoring Committee discussed the upcoming mutual evaluation of the country by a mission of the Eurasian Group on Combating Money Laundering and the Financing of Terrorism. They also identified areas for enhancing compliance with international standards and reviewed upcoming legislative changes related to AML/CFT.
The event is part of the Programme Office’s multi-year efforts to promote good governance and combat money laundering and the financing of terrorism in the host country. It was organized by the OSCE Programme Office in Nur-Sultan, the National Bank of Kazakhstan, the United States Embassy in Nur-Sultan and the Association of Financiers of Kazakhstan.