OSCE supports a seminar on countering illegal capital flight

On 15 October 2021 in Nur-Sultan, the OSCE Programme Office in Nur-Sultan concluded a two-day seminar on countering illegal capital flight.

The seminar was held in a blended format together with the Financial Monitoring Agency. Some 70 representatives attended from the government sector.

The OSCE-supported expert from the Russian Federation familiarized participants with international regulation and enforcement mechanisms to counter illegal capital flight, and on steps for returning stolen assets to the countries of origin. He also provided an overview of the main illegal capital flight typologies and ways of identifying suspicious financial transactions. By analyzing practical cases, participants discussed measures to combat illegal capital flight and familiarized themselves with examples of successful inter-agency co-operation.  

The seminar is part of the Programme Office’s multi-year efforts to promote good governance and to combat money laundering and terrorist financing.