Financial Crime World

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Uzbekistan Tightens Grip on Anti-Terrorism Financing Laws and Regulations

Tashkent, Uzbekistan - In a bid to prevent and combat terrorism financing, the Department for Combating Economic Crimes under the General Prosecutor’s Office of the Republic of Uzbekistan has taken center stage in enforcing anti-money laundering (AML), counter-terrorism financing (CTF) and counter-proliferation financing (CPF) laws.

The Department for Combating Economic Crimes

The Department is an independent specialized law enforcement agency under the General Prosecutor’s Office of Uzbekistan that operates as a financial intelligence unit. According to sources within the department, Dilshod Rakhimov heads the unit responsible for combating economic crimes, including money laundering, terrorist financing, and proliferation financing.

AML/CFT Activities

Under the umbrella of AML/CFT activities, the Department works to:

  • Prevent transactions and deals that contradict state interests
  • Identify different schemes and channels of illegal outflow, importation, exportation, and turnover of foreign currency
  • Cooperate with international organizations on matters related to combating economic crime, corruption, money laundering, terrorist financing, and proliferation financing

Key Objectives

The Department’s main objectives include:

  • Protecting scrupulous entrepreneurs and foreign investors from illegitimate interference into their activities by government authorities and institutions
  • Detecting instances of misappropriation and embezzlement of state budget funds
  • Combating economic and corruption offenses in key sectors such as:
    • Fuel and energy complex
    • Banking and finance
    • Tax
    • Transportation
    • Construction
    • Social services

Contact Information

The public can reach out to the Department for Combating Economic Crimes under the General Prosecutor’s Office of Uzbekistan through:

The Department is located at D-39A, Yahyo Gulomov Street, Mirzo-Ulugbek District, Tashkent.

Fighting Terrorism Financing in Uzbekistan

The Department’s efforts are part of a broader strategy to combat terrorism financing in Uzbekistan. The country has implemented various laws and regulations aimed at preventing and combating money laundering, terrorist financing, and proliferation financing. These include:

  • Constitution of the Republic of Uzbekistan
  • Law on Prosecution Authorities
  • Decree on Measures for Fundamental Improvement of Effectiveness of Spending State Budget Funds
  • Resolution on Measures for Further Improvement of Offence Prevention and Crime Suppression System

As part of this strategy, the Department works closely with international partners to share information and best practices in combating economic crime, corruption, money laundering, terrorist financing, and proliferation financing.