On 10 July 2026, within the framework of the 3rd International Forum of the Financial Intelligence Units of the Member States of the Organization of Turkic States, held in Baku, the “Memorandum on the Establishment of a Cooperation Platform of the Financial Intelligence Units of the Member States of the Organization of Turkic States” was signed.

The signing of the Memorandum established a new cooperation mechanism that provides an institutional framework for cooperation among the financial intelligence units of the Member States of the Organization of Turkic States. The Cooperation Platform will serve to strengthen interaction among the financial intelligence units of the Member States, promote the exchange of experience and information, and facilitate joint initiatives in combating money laundering, the financing of terrorism, and the financing of the proliferation of weapons of mass destruction.

Within the framework of the Platform, regular meetings will be held, priority areas of cooperation will be identified, joint research and analytical activities will be promoted, capacity-building measures will be implemented, and thematic working groups may be established where necessary.

Pursuant to the Memorandum, the activities of the Platform will be carried out in accordance with the national legislation and financial capacities of the participating states. Official correspondence will be conducted through the Secretariat of the Platform and the focal points designated by the member institutions. The document also provides for the participation of the financial intelligence units of states holding observer status in the Organization of Turkic States as observers in the activities of the Platform, as well as their accession to the Platform in the future in accordance with the established procedures.

The establishment of the Cooperation Platform represents one of the significant outcomes achieved within the framework of the “International Forum of the Financial Intelligence Units of the Turkic States”, pursuant to the “Shusha Initiative” adopted at the Forum and the “Annual Roadmap for Effective Cooperation among the Financial Intelligence Units of the Turkic States” approved for its implementation.

The establishment of this new cooperation mechanism will contribute significantly to further strengthening partnership in the field of financial intelligence within the Organization of Turkic States, expanding joint efforts to combat financial crimes, and advancing regional cooperation in line with international standards.