From June 8 to 11, 2009, the Eurasian Group on Anti-Money Laundering and Combating Financing of Terrorism (EAG) held in St. Petersburg, Russia its 10th plenary meeting, working group meetings and consultations with parliamentarians of member states. About 140 participants from seven member states and 20 observers attended the meetings.
The plenary session discussed the progress of member states in building and developing national AML/CFT systems, reviewed the follow-up mutual evaluation reports on Tajikistan, deliberated the results of the visits by a high-level EAG delegation to Tajikistan and Turkmenistan, revised the EAG mutual evaluation procedure, and set out a schedule for mutual evaluation in the next stage. Issues on EAG information disclosure, the EAG Single Information Space (SIS) and cooperation with other international organizations were also discussed.
Representatives of parliamentarians from EAG member states exchanged views on national legislation governing AML/CFT. Delegates from the National People s Congress addressed the meeting on China s AML legislation.
Trilateral consultations with the private sector of China, Russia and India were held, on which the impacts of the financial crisis on the global AML/CFT system were reviewed.
The meeting decided that the next EAG plenary would be held in China in December 2009.
