The Armenian government approved at a meeting on Thursday an agreement on the establishment of an international center for assessing the risks of money laundering and terrorist financing in the CIS” (ICOR).
The agreement was developed by the Council of Heads of Financial Intelligence Agencies of the countries participating in the Cooperation of Independent States.
“The purpose of the agreement is to stimulate cooperation between the CIS member states in the field of combating money laundering and terrorist financing, ensuring transnational risk assessment, as well as increasing the level of efficiency of information cooperation,” the justification says.
It is noted that the information received under the agreement cannot be transferred to third parties without the consent of the party providing it.
The Russian Federal Financial Monitoring Service will provide technical, organizational and informational support to the center.
A source: https://e-cis.info/news/564/112062/
