Uzbekistan, Indonesia to collaborate in combating money laundering

During the meetings of the "Egmont" Group held in Jakarta (Indonesia) on January 30, a memorandum of understanding was signed between the Department for Combating Economic Crimes at the General Prosecutor's Office of the Republic of Uzbekistan and the Indonesian Center for Information on Financial Operations and Analysis.

According to this document, the cooperation is aimed at combating money laundering and financing terrorism by exchanging information on suspicious financial transactions and persons carrying them out, the press service of the Prosecutor General’s Office said.

Signing a memorandum of cooperation was carried out in accordance with the requirements of generally accepted principles of the "Egmont" Group and recommendations of FATF in the field of combating money laundering and financing terrorism.

To date, the Department for Combating Economic Crimes at the General Prosecutor’s Office of the Republic of Uzbekistan has signed 21 similar documents with the competent authorities of foreign countries (USA, Russia, China, Japan, Korea, Israel, Poland, Turkey, etc.)

Following the signed memorandum, the parties expressed their willingness
in further development and deepening of bilateral cooperation as a continuation of interstate agreements.