Tashkent, Uzbekistan (UzDaily.com) -- Work continues in the CIS to create an International Center for Assessing the Risks of Legalization (Laundering) of Proceeds from Crime and the Financing of Terrorism, the press service of the CIS Executive Committee reports.

As part of the activities of the International Risk Assessment Center, information technology has been introduced into the technological space of the Financial Monitoring Department, intended for the construction of analytical systems and situational centers.

This technology allows to collect data from various sources, visualize and analyze it in detail.

Working with the implemented software product will increase the efficiency of identifying questionable financial flows, the level of interaction with competent authorities not only in our country, but will also help in conducting international financial investigations.

The technology was transferred to the State Control Committee of Belarus by the “International Educational and Methodological Center for Financial Monitoring” (Russian Federation) as part of the development of bilateral Belarusian-Russian cooperation.

In October 2023, the heads of state of the Commonwealth of Independent States signed an Agreement on the establishment of the International Center for Assessing the Risks of Legalization (Laundering) of Proceeds from Crime and the Financing of Terrorism.