The Eurasian Group published the outcomes of its 42nd Plenary, centered on mutual evaluations, follow-up monitoring and new anti-money laundering and counterterrorist financing analytical work. The plenary approved Turkmenistan’s second progress report under enhanced follow-up without changing ratings, agreed to conduct the mutual evaluation of China under International Monetary Fund leadership in line with the February 2025 Financial Action Task Force decision, and approved related changes to the sequence of third-round mutual evaluations for Eurasian Group members. The plenary also endorsed the results of projects on improving risk assessment and risk-based supervision of non-profit organizations, and approved typology outputs on joint international financial investigations, criteria for identifying companies linked to money laundering or predicate crimes, and good practices for detecting civil claims used to launder criminal proceeds. Those documents will be published on the Eurasian Group website. It also approved new typology projects on the use of bank payment cards by non-residents in laundering schemes and on financial behavior profiles of criminals, led by Belarus and Russia. In follow-up matters, the plenary reviewed the completion of Kyrgyzstan’s capital amnesty program on Dec. 31, 2024, noted the extension of Tajikistan’s program and again found it consistent with four Financial Action Task Force basic principles, highlighted the need to strengthen technical assistance to Kyrgyzstan ahead of the third evaluation round, and instructed work on a technical assistance plan for Iran to support its exit from the Financial Action Task Force high-risk jurisdictions list. Separately, the plenary granted observer status to the African Export-Import Bank Group, approved a policy on engagement with observers, endorsed the concept for an international association of training and methodology centers, and approved the Eurasian Group’s 2026 budget and member contributions. The 43rd Plenary will take place in Belarus in November 2025.
Eurasian Group (EAG)2025-05-30
Eurasian Group approves Turkmenistan progress report, backs China mutual evaluation and adopts new AML CFT typology work
The Eurasian Group’s 42nd Plenary approved Turkmenistan’s second enhanced follow-up report without rerating and backed China’s mutual evaluation under International Monetary Fund leadership, with related changes to the third-round evaluation schedule. It also adopted several AML CFT typology outputs, launched two new typology projects, and called for more technical assistance to Kyrgyzstan and a support plan for Iran. The group also approved its 2026 budget and granted observer status to the African Export-Import Bank Group.