DUSHANBE, June 9, 2011, Asia-Plus — Issues related to further expansion of cooperation were discussed here recently at a meeting of Tajik Minister of Finance Safarali Najmiddinov with visiting delegation of the Financial Action Task Force (FATF), led by Mr. Daniel Glaser, the US Treasury Department Deputy Assistant Secretary for Terrorist Financing and Financial Crimes and Co-chairman of the FATF Working Group on Terrorist Financing, the Finance Ministry press office reports.
In the course of the talks, Tajik minister reportedly noted that in cooperation with the Eurasian Group on Combating Money Laundering and Terrorist Financing and upon recommendations of the FATF, Tajikistan had carried out considerable work. The sides discussed further interaction in that direction, the source said.
Noting the importance of FATF’s visit to Tajikistan, Najmiddinov pointed to the necessity of coordination and interaction between the Ministry of Finance and the Financial Supervision Department of the National Bank of Tajikistan (NBT) as well as training of personnel for Tajikistan in countries that have good experience of working in this area.
“Tajik minister expressed confidence that due to joint efforts Tajikistan will take all necessary measures to combat money laundering and terrorist financing,” the source said.
The Financial Action Task Force (FATF) is an intergovernmental organization founded in 1989 on the initiative of the G7. The purpose of the FATF is to develop policies to combat money laundering and terrorist financing. The FATF Secretariat is housed at the headquarters of the Organization for Economic Cooperation and Development (OECD) in Paris.
The FATF membership is currently made up of 34 countries and territories and 2 regional organisations. The FATF also works in close cooperation with a number of international and regional bodies involved in combating money laundering and terrorist financing.
