Kazakhstan's Experience in Combating Money Laundering and Asset Recovery Presented in Vienna

Vienna, January 8–10, 2025 – A Kazakh delegation participated in an expert meeting on asset recovery organized by the Financial Action Task Force (FATF) in cooperation with the United Nations Office on Drugs and Crime (UNODC).

During the meeting, Senior Prosecutor of the General Prosecutor’s Office of Kazakhstan, Ilyas Karabayev, shared Kazakhstan’s experience in combating money laundering and recovering illegally acquired assets. Specifically, Mr. Karabayev informed participants about the country’s legal initiatives aimed at optimizing mechanisms for cooperation in this field.

The Head of the Department at the Agency for Financial Monitoring of Kazakhstan, Aygerim Parmenova, highlighted successful cases of identifying and seizing assets linked to illegal activities, emphasizing the importance of collaboration with international partners to enhance the tracking of illicit financial flows.

The event, which brought together experts from over 20 countries, served as a practical platform for exchanging best practices and discussing innovative solutions to improve asset recovery processes, including expanding legal cooperation and information sharing among countries.