Eurasian Group (EAG)

Observer Jurisdictions

Background

Members

Belarus
China
Kazakhstan
Kyrgyzstan
Russian Federation
Tajikistan
Uzbekistan

Observer Jurisdictions

Georgia
Germany
France
Italy
Japan
Moldova
Turkey
Ukraine
United Kingdom
United States

Observer Organisations

Collective Security Treaty Organisation (CSTO)
Commonwealth of Independent states (Executive Committee) (CIS)
Council of Europe Select Committee of Experts on the Evaluation of Anti-Money Laundering Measures (MONEYVAL)
Eurasian Economic Community (EEC)
Financial Action Task Force (FATF)
International Monetary Fund (IMF)
Interpol
Shanghai Cooperation Organization (SCO)
United Nations Office for Drugs and Crime (UNODC)
World Bank

Background on the EAG

The EAG was established on 6 October 2004 in Moscow by the decision of the Inaugural Conference and at the initiative of the Russian Federation, supported by the FATF, IMF, World Bank and several other countries. The EAG is an FATF-style regional body.

The creation of an FATF-style regional body (FSRB) for countries of the Eurasian region that have not been part of existing FSRBs, is to play an important role in combating the threat of terrorism and increasing the transparency and security of financial systems of the region. The EAG objective is to incorporate these countries into the global system on anti-money laundering and combating the financing of terrorism (AML/CFT).

The main goals of the EAG are to:

• Facilitate implementation of international standards;
• Carry out joint programs within the FIU sphere of competency;
• Conduct evaluations of the effectiveness of existing AML/CFT mechanisms;
• Coordinate technical assistance cooperation;
• Analyze trends (typologies) in the AML/CFT sphere and exchange experience in combating these crimes.

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