OREANDA-NEWS. The State Financial Monitoring Committee of Ukraine on official invitation of Egmont Group is participating in a Plenary sitting of the Egmont Group and a sitting of the heads of financial intelligences, underway through May 25-29 in Doha, Qatar.

The event is organized by the Egmont Group.

Representatives of the State Financial Monitoring Committee of Ukraine will also partake in sittings of five groups held in the framework of the Plenary sitting, in particular group for attraction of new members, for information technologies, operational and legislative workgroups and Training workgroup for counteraction to financing terrorism.

It should be noted the activity of Egmont Group which joins financial intelligence of 107 countries is information exchange in the process of investigations tied to money laundering and financing terrorism.

The head of State Financial Monitoring Committee of Ukraine Ihor Cherkasky noted that the Ukrainian financial intelligence is a full-fledged member of the Egmont Group, actively cooperating with over 100 financial intelligences of other countries and responsible for accedence of four countries into the organization, notably Iran, Kazakhstan, Uzbekistan, Turkmenistan.
 
Reference.
Egmont Group is an official international organization with 107 countries as members. Starting from 1995 financial intelligence units (FIU) began operating in the framework of a non-official organization known as the Egmont Group, bearing its name after the place of holding the first sitting in the Egmont-Arenberg Palace of Brussels on June 9, 1995. Creation of the Egmont Group was initiated by financial intelligences of Belgium and the USA. The official status was obtained in summer of 2007 in Hamilton, Bermuda. The EG membership is one of the requirements of FATF recommendations.

The main objective of the Egmont Group is fast information exchange (up to 24 hours) among the FIUs. All members of the Egmont Group are joined to a specially protected computer network of data exchange (Egmont Secure Web).

The State Financial Monitoring of Ukraine is an Egmont Group’s member since 2004.