Russia Ratifies Eurasian Anti-Money-Laundering Agreement

The Federation Council, the upper house of the Russian parliament, ratified on Wednesday an agreement with the Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG) in the presence of the EAG Secretariat in Russia. The EAG, established in October 2004, is a Financial Action Task Force (FATF)-style regional body uniting Belarus, China, India, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Turkmenistan and Uzbekistan. Another 16 states and 17 international and regional organizations have observer status within the EAG.

http://en.ria.ru/russia/20130123/178975036/Russia-Ratifies-Eurasian-Antiterror-Agreement.html