OSCE presents National Risk Assessment Report on anti-money laundering, combating financing of terrorism and proliferation of weapons of mass destruction in Turkmenistan

The Second National Risk Assessment (NRA-2) Report on Anti-Money Laundering, Combating Financing of Terrorism and the financing of Proliferation of Weapons of Mass Destruction (AML/CFT/PWMD) in Turkmenistan and its Risk Management Action Plan (RMAP) were presented at a virtual meeting on 14 and 15 May 2021.

The OSCE Centre in Ashgabat, in close co-operation with the Ministry of Finance and Economy of Turkmenistan and its Financial Monitoring Service (FMS), organized the event that brought together representatives of financial and non-financial institutions, law enforcement agencies, supervisory bodies, and other relevant governmental and non-governmental agencies.

International experts Igoris Krzeckovskis and Oxana Gisca assisted in drafting the NRA – 2 and its RMAP, shared their recommendations, and discussed further steps necessary for implementation of the Action Plan.

“It is an honor for us to note that the report, like the previous report for 2017–2018, was prepared in a close and productive co-operation with the Ministry of Finance and Economy and its FMS and other government agencies, including the Ministry of Internal Affairs, Central Bank, NGOs and private sector”, said Ivana Markovic Boskovic, Economic and Environmental Officer at the OSCE Centre in Ashgabat.

“The Government of Turkmenistan also adopted thelaw on AML/CFT/PWMD in a new edition in March of this year, which was prepared with the support of the Centre,” said Markovic Boskovic. “The Centre intends to continue its long-term support to the Government of Turkmenistan, following its economic and environmental mandate, to improve further the national AML/CFT/PWMD framework, including the implementation of the RMAP.”