Financial Crime World

Tajikistan Takes Steps to Combat Money Laundering and Terrorist Financing

In an effort to strengthen its anti-money laundering (AML) and counter-terrorist financing (CFT) efforts, the National Bank of Tajikistan has been designated as the country’s competent authority in this field.

Designation of Competent Authority

The Financial Monitoring Department under the National Bank of Tajikistan serves as the financial intelligence unit responsible for collecting and analyzing suspicious transaction reports related to money laundering, terrorist financing, and proliferation financing.

Under Law No. 967, which came into effect in 2011, Tajikistan has established a robust legal framework aimed at combating:

  • Legalization of criminal proceeds: The law requires reporting entities to comply with AML/ CFT/CPF regulations, while the Financial Monitoring Department is responsible for regulating and supervising their compliance.
  • Financing of terrorism: The law aims to prevent the financing of terrorist activities by requiring reporting entities to report suspicious transactions related to terrorist financing.
  • Financing of proliferation of weapons of mass destruction: The law also targets the financing of proliferation of weapons of mass destruction by requiring reporting entities to report suspicious transactions related to this activity.

Financial Monitoring Department

The Director of the Financial Monitoring Department, Khalim Mirzoaliev, oversees the department’s activities, which include:

  • Coordinating relevant efforts among competent authorities: The department coordinates efforts with other government agencies and financial institutions to combat money laundering and terrorist financing.
  • Collecting and analyzing suspicious transaction reports: The department collects and analyzes suspicious transaction reports related to money laundering, terrorist financing, and proliferation financing.
  • Disseminating analysis results to relevant authorities: The department disseminates the results of its analysis to relevant authorities to prevent the misuse of financial systems for illicit purposes.

Contact Information

Citizens seeking more information on Tajikistan’s AML/CFT/CPF efforts can contact the Financial Monitoring Department directly at:

  • +992 (44) 630-45-95
  • +992 (44) 600-36-83
  • +992 (44) 600-36-85

The department is also accessible via email at dmm@nbt.tj and through its official website, https://nbt.tj/ru/financial_monitoring.

Located on Rudaki Avenue in Dushanbe, the Financial Monitoring Department serves as a vital link between government agencies and the financial sector in the fight against money laundering and terrorist financing.