Uzbekistan Takes a Significant Step Forward in Fighting Financial Crime

Enhancing Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) Framework

Tashkent, Uzbekistan - The European Centre for Financial and Economic Law (ECOFEL) has successfully completed its in-person “Financial Investigative Techniques” training course for financial professionals in Uzbekistan. This milestone marks a significant step forward in the country’s efforts to strengthen its AML/CFT framework.

Background on ECOFEL’s Training Program

As part of the Technical Assistance Plan for Uzbekistan, ECOFEL’s training program aimed to enhance the capabilities of national authorities in conducting effective investigations, leading to successful prosecutions and asset recovery. The event brought together experts from various fields, including law enforcement, financial intelligence, and regulatory bodies.

Key Objectives of the Training Program

• Equip financial professionals with the necessary skills and knowledge to tackle complex financial crimes
• Enhance the capabilities of national authorities in conducting effective investigations and collaborating with international partners

Course Topics Covered

The training program covered a range of topics, including:

• Identifying suspicious transactions
• Conducting effective investigations
• Collaborating with international partners

Partnerships and Collaboration

ECOFEL would like to extend its gratitude to the EAG Secretariat and FIU Uzbekistan for their co-organizational efforts. The success of this training course demonstrates Uzbekistan’s commitment to enhancing its AML/CFT system and contributing to regional and international efforts to combat financial crime.

Ongoing Support from ECOFEL

As jurisdictions continue to be measured on the effectiveness of their AML/CFT systems, ECOFEL remains dedicated to providing technical assistance and capacity-building programs to support national authorities in their efforts to prevent and investigate financial crimes.