News
                              

List of designated persons
                               

Non-cooperative countries
                              

E-learning
                              

Send Report


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

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
within the 57th Plenary meeting of the MONEYVAL Committee of the Council
of Europe.
In the decision made in accordance with the results of the discussions
it was noted that the Republic of Azerbaijan had successfully
implemented 40+9 Recommendations by Financial Action Task Force (FATF)
of the Organization for Economic Cooperation and Development as well as
MONEYVAL recommendations derived from them. Also, the reforms carried
out by the country in this field were highly praised, and the
achievements gained in improving the legal framework, strengthening the
institutional capacity, and improving the control mechanisms were
specifically emphasized.
Thus anti-money laundering and counter-terrorism financing system of the
Republic of Azerbaijan has been evaluated as the one that meets the
international standards