Tajikistan

New Documents

The Eurasian Group issued a press release, highlighting its role in aiding Tajikistan on the jurisdiction’s development of procedures for remote identification of customers of financial services.

The National Bank of Tajikistan highlighted a recent seminar on know- your-customer and anti-money laundering and counterterrorist financing issues in collaboration with the International Compliance Association and other development partners.

News

Enforcement Actions

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Important Facts

  • The U.S. State Department labels Tajikistan as a major money laundering jurisdiction. Criminal proceeds in Tajikistan derive from both foreign and domestic criminal activities and relate to large amounts of opium and heroin trafficked through the country from Afghanistan to Russia. Additionally, a substantial amount of cash enters financial institutions due to pervasive corruption in Tajikistan, including bribes obtained related to drug trafficking, as well as the popularity of cash transactions in the informal economy.  Mechanisms used to launder illicit gains from drug smuggling are hard to identify, particularly given the pervasive nature of corruption in the country. According to Tajik law officials, money laundering occurs through the country's banking and real estate sectors. Though the country has four established economic free zones primarily designated for manufacturing, it is not known whether the zones take part in national or international money laundering.
Source: 2020 International Narcotics Control Strategy Report (INCSR)  

Rankings

FATF i | 2013 Methodology

Technical Effectiveness
Compliant : 7 High : 0
Largely Compliant : 20 Substantial : 3
Partially Compliant : 11 Moderate : 6
Non-Compliant : 1 Low : 2
Not-Applicable : 1

BASEL i

Rank : 26/125
Score : 6.28/10

TRANSPARENCY INTERNATIONAL i

Rank : 153/180
Score : 25/100

Tax Justice Network i

Rank : N/A
Score : N/A