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www.fiu.az is the official Internet information resource of the Financial Monitoring Service of the Republic of Azerbaijan.

Financial Monitoring Service was established by the Decree of the President of the Republic of Azerbaijan numbered 95, dated May 25, 2018 . At present, Financial Monitoring Service is a public legal entity which is funded from the state budget and  implements unified regulation and supervision as well as coordination of activities in the field of preventing legalization of criminally obtained funds or other property and financing of terrorism.

The Charter and Organizational Structure of the Financial Monitoring Service were approved by the Decree of the President of the Republic of Azerbaijan “On ensuring activity of the Financial Monitoring Service of the Republic of Azerbaijan” numbered 215, dated July 18,  2018.

List of designated persons updated

January 162020

Pursuant to “the Regulation on approval of the General List of natural or legal persons designated in relation to countering terrorist financing” approved by the Ordinance 124 dated 25.06.2010 of the Cabinet of Ministers of the Republic of Azerbaijan, the Financial Monitoring Service updated the General List based on the UN Security Council’s ISIL and Al-Qaida Sanctions Committee decision of 16 January 2020. Read more…

Training hold for Financial Monitoring Service staff on “Agile: A flexible approach to project management”

On December 27 of the current year, training for Financial Monitoring Service (Service) was held on “Agile: A flexible approach to project management”. 12 employees holding managerial positions of the Service took part in the training. Read more…

Employees of Financial Monitoring Service to attend training on “Strategic Analysis”

On December 18-19 of the current year, employees of Financial Monitoring Service of the Republic of Azerbaijan have attended the training on “Strategic Analysis” organized for the implementation of the project “Strengthening Anti-Money Laundering and Asset Recovery in Azerbaijan” within the framework of the second round of Partnership for Good Governance (PGG II) by the European Union and the Council of Europe. Read more…

An international seminar held on “Understanding FATF standards for non-profit sector”

On 18th of December, an international seminar on “Understanding FATF standards
for non-profit sector” co-organized by Financial Monitoring Service of the Republic of
Azerbaijan (FMS) and Open Government Platform of Azerbaijan was held under the
aegis of International Centre (ICNL) for Not-for-Profit Law and Empowering Civil
Society Organizations for Transparency (ECSOFT) – project of the U.S. Agency for
International Development (USAID). Read more…

The Financial Monitoring Service to organize sequential training for monitoring participants

November 29, 2019

On 29th November of the current year Financial Monitoring Service has held training on topics “Criteria and typologies for detection of suspicious transactions in the sphere of AML/CFT” and “Application of a risk-based approach in the sphere of AML/CFT- Internal risk assessment” for employees of monitoring participants. Read more…

Employees of the Financial Monitoring Service attend the training on “Open Source Intelligence”

On November 25 2019, Financial Monitoring Service of Azerbaijan Republic (FMS) in collaboration with Baku office of the Council of Europe participates in organization of the training related to the implementation of the project on “Strengthening Anti-Money Laundering and Asset Recovery in Azerbaijan” within the framework of the second round of the Partnership for good Governance (PGGII) Program by EU/CoE to expand cooperation and to strengthen potential in the field of AML/CFT. Read more…

A meeting held with bank officials
November 18, 2019

A meeting was held with the officials of the banks operating in the Republic of Azerbaijan on combating the legalization of money or other property obtained through criminal activity and the financing of terrorism (AML / CFT) organized by the Financial Monitoring Service (Service) of the Republic of Azerbaijan at the Baku Business Center on November 18, 2019..Read more…

List of designated persons updated
06 November 2019

Pursuant to “the Regulation on approval of the General List of natural or legal persons designated in relation to countering terrorist financing” approved by Read more…

Awareness campaign launched on Business Email Compromise
28 October 2019

A cybercrime called Business Email Compromise (BEC) poses a serious threat to criminal companies and individuals globally. The number of casualties as a result of funds transferred and legalized through beneficiary bank accounts is quite high.Read more…

Awareness campaign launched on Business Email Compromise continues
21 October 2019

A cybercrime called Business Email Compromise (BEC) poses a serious threat to criminal companies and individuals globally. The number of casualties as a result of funds transferred and legalized through beneficiary bank accounts is quite high.Read more…

Awareness campaign launched on Business Email Compromise
14 October 2019

A cybercrime called Business Email Compromise (BEC) poses a serious threat to criminal companies and individuals globally. The number of casualties as a result of funds transferred and legalized through beneficiary bank accounts is quite high.Read more…

List of designated persons updated
14 October 2019

Pursuant to “the Regulation on approval of the General List of natural or legal persons designated in relation to countering terrorist financing” approved by Read more…

List of designated persons updated
21 August 2019

Pursuant to “the Regulation on approval of the General List of natural or legal persons designated in relation to countering terrorist financing” approved by Read more…

List of designated persons updated
19 August 2019

Pursuant to “the Regulation on approval of the General List of natural or legal persons designated in relation to countering terrorist financing” approved by Read more…

Trainings held for the supervisory agencies officers
31 July 2019

On 30-31 July 2019 the Financial Monitoring Service conducted trainings on ““Beneficial owner and his/her identification methods” and “Risk-based supervision” for officers of the AML/CFT supervisor agencies within the framework of the 2019 Training Plan.Read more…

Training held for the bank compliance officers and specialists
29 July 2019

The Financial Monitoring Service of the Republic of Azerbaijan conducted training on 29 July 2019 on “Beneficial owner and his/her identification methods” within the framework of the 2019 Training Plan for compliance officers and specialists of the commercial banks operating in the Republic of Azerbaijan.Read more…

Trainings held for the supervisory agencies officers
28 June 2019

The Financial Monitoring Service conducted training on “Internal control system and its requirements” for officers of the AML/CFT supervisor agencies within the framework of the 2019 Training Plan.Read more…

Trainings held for the bank compliance officers and specialists
21 June 2019

The Financial Monitoring Service of the Republic of Azerbaijan conducted trainings on “AML/CFT typologies from national and world practices”, “New requirements in AML/CFT legislation” and “Internal control system and its requirements” within the framework of the 2019 Training Plan for compliance officers and specialists of the commercial banks operating in the Republic of Azerbaijan. Read more…

List of designated persons updated
10 June 2019

Pursuant to “the Regulation on approval of the General List of natural or legal persons designated in relation to countering terrorist financing” approved by Read more…

List of designated persons updated
23 may 2019

Pursuant to “the Regulation on approval of the General List of natural or legal persons designated in relation to countering terrorist financing” approved by Read more…

List of designated persons updated
15 may 2019

Pursuant to “the Regulation on approval of the General List of natural or legal persons designated in relation to countering terrorist financing” approved by Read more…

List of designated persons updated
7 may 2019

Pursuant to “the Regulation on approval of the General List of natural or legal persons designated in relation to countering terrorist financing” approved by Read more…

Trainings on processing, analysis and visualization of big data were held
2 May 2019

The Financial Monitoring Service of the Republic of Azerbaijan conducted another round of trainings within the framework of the 2019 Training Plan for reporting entities involved in combating legalization of criminally obtained funds or other property and financing of terrorism (AML/CFT) during 22 April – 1 May 2019 Read more…

List of designated persons updated
1 may 2019

Pursuant to “the Regulation on approval of the General List of natural or legal persons designated in relation to countering terrorist financing” approved by Read more…

List of designated persons updated
24 April 2019

Pursuant to “the Regulation on approval of the General List of natural or legal persons designated in relation to countering terrorist financing” approved by Read more…

List of designated persons updated
18 April 2019

Pursuant to “the Regulation on approval of the General List of natural or legal persons designated in relation to countering terrorist financing” approved by Read more…

List of designated persons updated
16 April 2019

Pursuant to “the Regulation on approval of the General List of natural or legal persons designated in relation to countering terrorist financing” approved by Read more…

List of designated persons updated

29 March 2019

Pursuant to “the Regulation on approval of the General List of natural or legal persons designated in relation to countering terrorist financing” approved by Read more…

List of designated persons updated
27 March 2019

Pursuant to “the Regulation on approval of the General List of natural or legal persons designated in relation to countering terrorist financing” approved by Read more…

List of designated persons updated
15 March 2019

Pursuant to “the Regulation on approval of the General List of natural or legal persons designated in relation to countering terrorist financing” approved by Read more…

Explanatory trainings on the XSD and XML structures for reporting by monitoring participants to the Financial Monitoring Service were held
7 March 2019

The Financial Monitoring Service of the Republic of Azerbaijan continues its capacity building activities for the reporting entities involved in combating legalization of criminally obtained funds or other property and financing of terrorism.Read more…

List of designated persons updated
1 March 2019

Pursuant to “the Regulation on approval of the General List of natural or legal persons designated in relation to countering terrorist financing” approved by Read more…

List of designated persons updated
11 February 2019

Pursuant to “the Regulation on approval of the General List of natural or legal persons designated in relation to countering terrorist financing” approved by Read more…

List of designated persons updated
30 January 2019

Pursuant to “the Regulation on approval of the General List of natural or legal persons designated in relation to countering terrorist financing” approved by Read more…

The Council of Europe MONEYVAL Committee has positively evaluated the anti-money laundering and counter-terrorism financing system in the Republic of Azerbaijan
06 December 2018

Another progress report in the framework of IV round evaluation in the field of anti-money laundering and counter-terrorism financing of the Republic of Azerbaijan was heard on 5 December of the current year Read more…

List of designated persons updated
20 November 2018

Pursuant to “the Regulation on approval of the General List of natural or legal persons designated in relation to countering terrorist financing” approved by Read more…

List of designated persons updated
15 October 2018

Pursuant to “the Regulation on approval of the General List of natural or legal persons designated in relation to countering terrorist financing” approved by Read more…

List of designated persons updated
5 October 2018

Pursuant to “the Regulation on approval of the General List of natural or legal persons designated in relation to countering terrorist financing” approved by Read more…

List of designated persons updated
24 avqust 2018

Pursuant to “the Regulation on approval of the General List of natural or legal persons designated in relation to countering terrorist financing” approved by Read more…