CONTRACT BETWEEN STATE MEMBERS OF CUSTOM UNION

of December 19, 2011

About counteraction of legalization (washing) of income gained in the criminal way and to financing of terrorism when moving cash and (or) monetary instruments through customs border of the Customs union

The state members of the Customs union within Eurasian economic community (EurAsEC) which further are referred to as with the Parties

based on the Agreement on creation of single customs area and forming of the Customs union of October 6, 2007, the Agreement on the Customs Code of the Customs Union of November 27, 2009,

in view of the Agreement of the State Parties of the Commonwealth of Independent States on counteraction of legalization (washing) of the criminal income and to financing of terrorism of October 5, 2007,

in view of that fight against organized crime, corruption, terrorism, other heavy and especially serious crimes requires use of modern and effective forms, methods and means,

recognizing international standards of Group of development of financial measures of anti-money laundering (FATF),

based on the conventional principles and rules of international law,

for the purpose of hindrance of possibility of use of the cash and (or) monetary instruments moved through customs border of the Customs union for legalization (washing) of income gained in the criminal way and (or) terrorism financing

agreed as follows:

Article 1

For the purposes of this Agreement the following basic concepts are used:

1) monetary instruments - travel checks, bills of exchange, checks (bank checks), and also the securities in documentary form certifying the obligation of the issuer (debtor) on payment of money in which person to whom such payment is performed is not specified;

2) income gained in the criminal way - the money or other property received as a result of making of the crimes recognized by those according to the legislation of the Party taking the measures for counteraction of legalization (washing) of income gained in the criminal way, and terrorism financing provided by this Agreement;

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