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Working Groups

MSCWG proposed photo

Membership, Support, and Compliance Working Group (MSCWG)

The MSCWG ensures that the Egmont Group’s high standards and membership criteria are applied to both new members and existing member FIUs.

The Egmont Group’s governing body, the Heads of FIU, mandated the MSCWG to assess whether applicant FIUs fulfill the Egmont Group’s legal and operational membership criteria.

Additionally, the MSCWG has the mandate of maintaining these high standards among Egmont Group members, who hold and exchange highly-sensitive information to detect and prevent money laundering and terrorist financing by implementing the Support and Compliance Process (SCP).

Key Elements of the MSCWG's Mandate

Projects

Chair and Vice-Chairs

Key Elements of the MSCWG'S Mandate

  • Oversee the membership application procedures by screening candidate FIUs from an operational and legal perspective and recommending new members to the HoFIU if they meet Egmont membership criteria.
  • Implement the Support and Compliance Process and make recommendations to the Egmont Committee and/or HoFIU on compliance matters.
  • Monitor FATF/FSRB/IMF/WB mutual evaluations.
  • Support member FIUs before facing compliance challenges, in cooperation with other Egmont Group bodies as needed.
  • Conduct reviews as requested by the Egmont Committee.
  • Confirm the status of FIUs that have undergone significant changes to establish that they still meet the Egmont Group criteria.

MSCWG Projects

Current MSCWG Projects

  • Conduct reviews and implement the different steps related to the Support and Compliance Process triggers, considering the support mechanism first.
  • Review and update the current procedures under the MSCWG to properly conduct its mandate regarding the Support and Compliance Process and the status of FIUs after changes.
  • Continue enhancing the current Pool of Experts, considering a regional approach to assist with the Support & Compliance Process and membership issues.
  • Continue vetting and screening candidate FIUs based on the current membership application procedures and Egmont Group membership criteria to determine and ensure that the legal and operational requirements to become Egmont Group members are fulfilled.
  • Review and update the current membership application procedures and related documents to properly conduct this task.
  • Conduct reviews and implement the different steps related to the Support and Compliance Process triggers, considering the support mechanism first.
  • Review and update the current procedures under the MSCWG to properly conduct its mandate regarding the Support and Compliance Process and the status of FIUs after changes.
  • Continue enhancing the current Pool of Experts, considering a regional approach to assist with the Support and Compliance Process and membership issues.
  • Continue vetting and screening candidate FIUs based on the current membership application procedures and Egmont Group membership criteria to determine and ensure that the legal and operational requirements to become Egmont Group members are fulfilled.

Chair and Vice-Chairs

Working Group Chair

Name
Manoj Kaushik (FIU India)

Service
Indian Police Service (IPS)

Education
Master of Business Administration (MBA)

Presently, Mr. Kaushik is posted as Additional Director in Financial Intelligence Unit – India (FIU-IND). Mr. Kaushik has more than 6 years of experience working in FIU-INDIA, handling a variety of roles. Mr. Kaushik handles diverse sectors, including Banks, DNFBP, CFT, Payment systems, Securities Market.

Mr. Kaushik was elected as Chair of the Egmont Group’s Membership Support and Compliance Working Group (MSCWG) in 2020 for a two-year term.

Mr. Kaushik has represented FIU-IND in several Meetings/ Plenaries of International multilateral organizations, including the FATF, APG, and Egmont.

Mr. Kaushik has also participated in Egmont Group of FIU’s meetings in Doha, Qatar (2017), 24th EG Plenary in Taipa, Macao (2017), 25th Egmont Group Plenary in Sydney, Australia (2018), 26th EG Plenary in The Hague, Netherlands (2019), EG WG meetings in Mauritius (2020).

Mr. Kaushik completed the IMF/ FATF Joint Assessor Training at the IMF Headquarters in Washington DC, USA (2018).

Previous Work Experience

Mr. Kaushik is an officer of the Indian Police Service (IPS). Mr. Kaushik has held several senior field positions in policing and intelligence. His duties as a police officer included crime prevention, detection, prosecution, intelligence collection, law & order, operations, and administrative matters.

Vision

“The MSCWG envisions bringing the maximum jurisdictions under the Egmont Group umbrella and fostering the highest standards of AML/CFT compliance amongst all FIUs through full support to jurisdictions, professional and unbiased action as per procedures.”

What do you hope to accomplish as the WG Chair?

“A professional, swift and practical approach to work towards processing membership of new FIUs, simplify the procedures, support FIUs to foster the highest compliance standards, implement procedures without fear and favour to none.”

What projects are you most excited about?

“Simplifying and making the WG procedures fully aligned with the EG Charter.”

Working Group
Vice-Chairs

  • Fuad Aliyev – FMS-Azerbaijan
  • Tarek Zahran – SIC-Lebanon
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