22) EAG Flashcards
1
Q
What does EAG stand for ?
A
Eurasian Group on Combating Money laundering and Financing of Terrorism
2
Q
Context ?
A
Indian officials attended a virtual meeting of EAG
3
Q
What is EAG ?
A
It is a regional body established in 2004
It is currently, an associate member of FATF
4
Q
Member countries of EAG ?
A
India , China Russia, Belarus Kazhakstan , Kyrgystan Tajikistan, Turkmenistan Uzbekistan (Totally 9 countries)
5
Q
Purpose of EAG ?
A
To ensure cooperation and integration of EAG member states into the international system of anti-money laundering and combating financing of terrorism in accordance with the recommendations of FATF
