Participation of Academy representatives in the meeting on the measurement of illicit financial flow

Representatives of the Law Enforcement Academy attended the kickoff meeting for the introduction of the Illicit Financial Flows (IFF) Project with the assistance of the Economic and Social Commission for Asia and the Pacific (ESCAP) of the United Nations. The United Nations Conference on Trade and Development (UNCTAD) hosted the event at the Palais des Nations in Geneva.

Asian and African countries responsible for indicator 16.4.1 of the Sustainable Development Goals were represented.

Participants discussed the implementation of the project on measuring illegal financial flows (IFF) and their prevention, the use of methods for estimating the volume of such flows, the development of measures to reduce them at the national level, and issues of cooperation between the participating nations. The operation will be carried out between 2023 and 2026.

The deputy head of the Academy, U.U. Nigmadjanov, reported on the implementation of MBRM 16.4 and briefed the participants on the initial findings of the ESCAP project on assessing and measuring the volume of NMOs resulting from tax evasion and illegal commercial activities in the country.