Сrypto-asset service providers are trained to counter money laundering and terrorist financing

The National Agency of prospective projects of the Republic of Uzbekistan, together with the Department for Combating Economic Crimes under the General Prosecutor's Office of the Republic of Uzbekistan, held a training for responsible employees of crypto-asset service providers on compliance with the legislative requirements on combating the legalization of proceeds of crime, the financing of terrorism and financing of proliferation of weapons of mass destruction (AML/CFT/PF).

In the course of the training, the staff members of the Agency and the Department explained the requirements of international standards (FATF Recommendations) in the field of AML/CFT/PF, the procedures for disclosing suspicious transactions and working with lists of persons involved or suspected of being involved in terrorist activities or proliferation of weapons of mass destruction, as well as other aspects of ensuring effective internal control.

The Agency will keep working on capacity building of employees of crypto-asset service providers on AML/CFT/PF related issues.