Approved by the Minutes of the September 19, 2005 meeting of the Interagency Committee on Combating Counterfeiting of Money, Fraud in the Field of Plastic Cards and Other Payment Instruments in the Republic of Armenia established by Republic of Armenia President s Ordinance No NK 1075 of March 21, 2002 Amended by the Minutes of the July 25, 2008 meeting of the Interagency Committee Rules of Procedure of the Standing Committee on Combating Counterfeiting of Money, Fraud in the Field of Plastic Cards and Other Payment Instruments, Money Laundering and Terrorism Financing in the Republic of Armenia Chapter 1: General Provisions 1. The Committee on Combating Counterfeiting of Money, Fraud in the Field of Plastic Cards and Other Payment Instruments, Money Laundering and Terrorism Financing in the Republic of Armenia (hereinafter referred to as the Committee ), is an advisory body established by the Ordinance of the President of the Republic of Armenia. 2. The activities of the Committee are regulated by the present Rules of Procedure (hereinafter referred to as the Rules of Procedure ). The Committee carries out its objectives in accordance with Republic of Armenia President s Ordinances No. NK 1075 of March 21, 2002, No. NK 234 A of October 08, 2004, No. NK 44 A March 22, 2005, No. NK 38 A of February 22, 2007, and No. NK 60 A of April 02, 2008, as well as with the Republic of Armenia Constitution and laws. Chapter 2: Goal and Main Objectives of Committee 3. The goal of the Committee is to: 3.1 Submit necessary proposals aimed at implementation of a uniform and concerted national policy in the field of combating counterfeiting of money, fraud in the field of plastic cards and other payment instruments, money laundering and terrorism financing in the Republic of Armenia; 3.2 Develop a complex plan of actions necessary for combating counterfeiting of money, fraud in the field of plastic cards and other payment instruments, money laundering and terrorism financing in the Republic of Armenia; 3.3 If necessary, ensure the development of relevant legal acts in the field of combating counterfeiting of money, fraud in the field of plastic cards and other payment instruments, money laundering and terrorism financing in the Republic of Armenia, and their submission for the consideration of pertinent authorities; 3.4 Study and analyze current issues in the field of combating counterfeiting of money, fraud in the field of plastic cards and other payment instruments, money laundering and terrorism financing in the Republic of Armenia; 1
3.5 Within the scope of the instruction of the President of the Republic of Armenia, cooperate with Republic of Armenia state bodies, territorial administration bodies, foreign state bodies and other foreign organizations in the field of combating counterfeiting of money, fraud in the field of plastic cards and other payment instruments, money laundering and terrorism financing in the Republic of Armenia. 4. In order to fulfill its objectives the Committee shall have the right to: 4.1 Develop an action plan and establish working groups comprising the relevant specialists of state bodies governed by the Committee members to support the activities of the Committee; 4.2 Receive information necessary for implementation of its powers from Republic of Armenia state bodies and other organizations; 4.3 Study information, suggestions received from individuals, state and local self government bodies and public officials, and initiate their examination. Chapter 3: Composition of Committee, Rights and Obligations of Members 5. The committee is composed of the Chairman of Central Bank of Armenia, Assistant to Republic of Armenia President, the Deputy Prosecutor General, the Deputy Minister of Justice, the Deputy Minister of Foreign Affairs, the Deputy Minister of Economy, the Deputy Director of National Security Service adjunct to Republic of Armenia Government, the Deputy Chief of Police adjunct to Republic of Armenia Government, the Deputy Chairman of the Customs Committee adjunct to Republic of Armenia Government, the Deputy Chief of the Tax Service adjunct to Republic of Armenia Government, the Head of the National Central Bureau of Interpol in the Republic of Armenia, the President of the Union of Banks of Armenia union of legal entities, the Chairman of the Criminal Chamber of the Republic of Armenia Court of Cassation, the Head of Financial Monitoring Center of the Central Bank of Armenia. 6. The Chairman of Central Bank of Armenia is the Chairman of the Committee. 7. The Chairman of the Committee: 7.1 Represents the Committee in the relationships with other bodies and organizations; 7.2 Administers the work of the Committee; 7.3 Submits to the President of the Republic of Armenia suggestions (decisions) prepared by the Committee, reports on their implementation and information about the work of the Committee; 7.4 Assigns the place, date, time of the meeting of the Committee and suggests the agenda; 7.5 Convenes and chairs the meetings of the Committee; 7.6 Ensures media coverage and publicity of the Committee s work; 2
7.7 If necessary, on his own initiative or upon the recommendation of the Committee members, invites representatives from state bodies, scientific research organizations and other organizations to participate in the meetings of the Committee with the right of advisory vote; 7.7 Performs distribution of work among the Committee members. 8. The members of the Committee: 8.1 Participate in planning the activities of the Committee, formulating agenda for meetings and in discussions, submitting suggestions; 8.2 Participate in the formation of working groups set up by the Committee; 8.3 Prepare the draft documents they submit to the meetings of the Committee; 8.4 Request and receive the necessary information stipulated by Paragraph 4.2 of the present Rules of Procedure on questions concerning the activities of the Committee from Republic of Armenia ministries, agencies and other organizations and individuals; 8.5 Based on the requirements of the present Rules of Procedure and in accordance with the established order, within the scope of their official responsibilities, carry out effective and joint activities in relation to combating counterfeiting of money, fraud in the field of plastic cards and other payment instruments, money laundering and terrorism financing in the Republic of Armenia; within the scope of the Republic of Armenia laws oversee the activities pertaining to combating counterfeiting of money, fraud in the field of plastic cards and other payment instruments, money laundering and terrorism financing in the Republic of Armenia. Chapter 4: Order for Convening Meetings of and Adopting Decisions by Committee 9. The meetings of the Committee are convened by the Chairman of the Committee whenever necessary or according to the schedule approved by the Committee. The extraordinary meetings of the Committee may be convened upon the request of the Chairman or any member of the Committee. 10. The meeting of the Committee is competent, if at least two third of its members are present. 11. The meetings of the Committee are convened at least once in six months. 12. The agenda of the meetings of the Committee are prepared by the Chairman of the Committee, based on the suggestions of the Committee members or on the Committee s decisions to convene a meeting. 13. During the discussion of specific questions, the meetings of the Committee are attended by invited persons, the list of which is approved by the agenda of that day s meeting of the Committee, according to the items. A closed meeting of the Committee is attended by the members of the Committee. 14. The agenda of the meetings and the documents concerning the issues to be discussed shall be provided to the Committee members at least three working days prior to the meeting. 3
15. As a result of discussions, the Committee adopts decisions, which are not binding and represent advisory documents or suggestions by the Committee to adopt a legal act, including acts to be submitted to the President of the Republic of Armenia. 16. The decisions of the Committee are adopted by open vote by simple majority of Committee members attending the meeting. If any member of the Committee has a special opinion about the decision adopted by the Committee, then this opinion shall be attached to the decision of the Committee. Chapter 5: Chairing Meetings of Committee, Reports and Speeches at Committee 17. The Chairman of the Committee chairs the meetings of the Committee, organizes exchange of opinions and puts the draft decisions of the Committee to the vote. 18. The functions of the secretariat of the Committee meetings are performed by the Financial Monitoring Center of Central Bank of Armenia (hereinafter referred to as the Secretariat ). 19. The Secretariat prepares the minutes of the Committee meetings. The member having voted against the decision of the Committee may request for a detailed reflection of his opinion in the minutes of the meeting. 20. The minutes of Committee meetings shall be signed by the Chairman of the Central Bank within a week and sent to the members of the Committee. 21. Within a week upon the receipt of the minutes, the members of the Committee shall submit to the Central Bank their final observations and objections in writing. 22. If the submitted objections, according to the submitting Committee member, render the implementation of the Committee s decision or decisions impossible, a new Committee meeting is convened, the results of which are submitted to Republic of Armenia President in the form of a written report. The report to be submitted to Republic of Armenia President shall be discussed and approved during that meeting. 23. At the beginning of the Committee meeting the Chairman reads the items included in the draft agenda in sequence, thereafter he gives the floor to the Committee members for questions concerning the draft agenda. 24. Before the approval of the agenda a Committee member may make oral suggestions about the agenda. Following the approval of the agenda, the Committee turns to the sequential discussion of items included in the agenda. 25. The issue is reported by the relevant Committee member or his authorized person. The Chairman allots time to the reporter based on the scale of the issue. The minute taker keeps track of time. 26. After presenting the issue, the Chairman gives the floor to the Committee members for questions to the reporter. The reporter answers the questions. 4
When the Committee members have no more questions to the reporter, they may ask questions to the people invited to the meeting. The latter briefly answer the questions of the Committee members. In other cases the people invited to the meeting have no right to speak. 27. When there are no more questions to the reporter and people invited to the meeting, the Chairman gives the floor to the Committee members to speak about the issue. After the speeches, the Chairman summarizes the results of the discussion. Chapter 6: Activities of Working Group Adjunct to Committee 28. Each member of the Committee submits to the Secretariat one candidate to form a working group, which shall convene a meeting at least one week prior to each term identified by the schedule. 29. The meetings of the working group can also be organized on the initiative of each member of the working group through the Secretariat. 30. The minutes of the meetings of the working group are taken and their results are submitted to the meetings of the Committee. Chapter 7: Work with Foreign Official Delegations 31. The Committee members in person or through the member of the working group they assign, within the scope of their powers, shall contribute to the work of foreign official delegations. 32. The meetings and activities of official delegations are coordinated by the person appointed by the Chairman of the Committee. 33. The members of the Committee personally or through the member of the working group they assign shall ensure the meetings of delegations of various international organizations with relevant representatives of the state bodies they represent. 5