The Eurasian Group published the outcomes and final declaration of its fifth forum of parliamentarians from member states, held on the sidelines of the 44th plenary meeting and focused on legislative measures against crimes committed using new technologies. The declaration says the spread of new technologies, including artificial intelligence, virtual assets and cross-border payments, is increasing cybercrime and the speed with which illicit proceeds can be moved, and that effective detection and suppression will require both full use of anti-money laundering, counter-terrorist financing and counter-proliferation financing tools and continued upgrades to national legal frameworks in line with international standards. Participants identified two specific vulnerabilities: the absence of criminalization of the use of generative artificial intelligence to bypass customer due diligence procedures at financial and non-financial institutions, and insufficient oversight of decentralized finance. The declaration also links cyber fraud to money mule activity, drug trafficking, terrorist financing and cyberterrorism, and says harmonized mutual legal assistance procedures for freezing, seizure and confiscation of virtual assets, alongside better arrangements for collecting digital evidence, could materially hinder the cross-border movement of criminal assets. The declaration confirms an intention to strengthen international cooperation further, broaden future forum participation to include law enforcement and other practitioners, and continue voluntary exchanges of knowledge, experience and practice on new technologies, including artificial intelligence, digital forensics and secure financial services.

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