A training session was held for teachers and students of the Turkmen State Institute of Finance, organized by the OSCE Centre in Ashgabat from 18th to 22nd of September.
A series of video trainings took place online and were dedicated to the topic «Combating money laundering and the financing of terrorism».
The event was attended by teachers from the departments of the institute «Finance», «Accounting» and «Banking», as well as third-, fourth- and fifth-year students studying in the areas of «Finance», «Financial Monitoring», «Financial Management».
The Organization for Security and Cooperation in Europe (OSCE) Centre invited expert Daniyar Sarbagishev to conduct training sessions with teachers and students of a financial university. For the audience of listeners, the expert spoke in detail about improving the system for combating money laundering and the financing of terrorism, risk assessment and control.
During the training, participants were presented and detailed information about the FATF recommendations that form the basis of the financial supervision system. The discussion was about the content of the recommendations, their sections, and the activities of the FATF in general.
It should be noted that the (Financial Action Task Force on Money Laundering FATF) is an intergovernmental organization that develops global standards in the field of combating money laundering and the financing of terrorism, and also assesses the compliance of national systems with these standards.
In accordance with the program of this course, individual topics related to the financial control system were discussed. At the end of the classes, teachers and students had the opportunity to exchange views with the expert and ask questions that arose during the training.
Students noted that the course greatly increased their level of awareness and expanded their knowledge on the topic. The expert, in turn, highly appreciated the effectiveness of the course based on a short survey of students based on the lesson materials.
Conducting a training on current topics in the financial control system was a good contribution to the training of future specialists, contributed to deepening the theoretical knowledge of students and increasing the professional level of teachers.