Organization For Security And Co-Operation In Europe (Osce)
Four training courses on combating money laundering and terror financing, organized by the Kyrgyz State Financial Intelligence Service and the OSCE Centre in Bishkek, were held in October 2014 at the Training Centre of the State Financial Intelligence Service.
Some 150 oversight agencies, law enforcement agencies and representatives of courts, public, financial and the private sector participated.
The OSCE-supported experts from the public and private sectors delivered courses on conducting risk assessments during documentary and on-site audits in compliance with Kyrgyz Republic’s legislation on combating money laundering and the financing of terrorism, considering and investigating criminal cases, the study and practical application of the revised Recommendations of the Financial Action Task Force (on Money-Laundering), and on different approaches to be used in combating money laundering and financing of terrorism.
“An effective anti-money laundering and terrorist financing regime is an integral part of the economic stability and integrity of the financial system,” said Yulia Minaeva, senior officer of Economic and Environmental Dimension at the OSCE Centre in Bishkek.
The OSCE Centre in Bishkek established the first Training Centre for the Financial Intelligence Services in the Central Asian region in March 2013. To date, 500 civil servants and private-sector employees have completed training courses on the legal framework as well as international practice and standards used in the fight against money laundering and terror finance.