Kyrgyzstan

Last Updated: 30/03/2007 (Anti-money laundering legislation not applicable to lawyers)

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"The Jogorku Kenesh, the parliament of the Kyrgyzstan, passed a bill to combat money laundering and terrorist financing. The law, entitled On Prevention of Terrorism Financing and Legalization (Laundering) of Proceeds From Crime, is waiting to be signed by Kurmanbek Bakiyev, the country's president." 2

The Service on Financial Investigation has been set up by the Decree of President of Kyrgyz Republic No. 353 dated September 8, 2005 “On the Authorised Body for Countering the Financing of Terrorism and Laundering of Proceeds of Crime”. 1

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Sources

Anti-Money Laundering and Countering the Financing of Terrorism Newsletter for Central Asia, UN Office on Drugs and Crime, December 2005 - January 2006.

1. “Slovo Kyrgyzstana” National Newspaper, Issue no. 92 (21853), September 13, 2005.
2. Marcus Simpson, “Kyrgyz Republic to criminalize money laundering”, 6 July 2006, www.complinet.com.