The Decision on the approval of "Rules on the reporting back of the responsible persons, persons providing auditor services, religious institutions, non-governmental organizations, as well as branches or representative offices of non-governmental organizations of foreign countries in the Republic of Azerbaijan in exchange for the information and documents submitted to the Financial Monitoring Service of the Republic of Azerbaijan" was adopted for the purpose of implementation of the Decree of the President of the Republic of Azerbaijan dated January 31, 2023 "On the implementation of the Law No. 781-VIQ of the Republic of Azerbaijan dated December 30, 2022 on the fight against the legalization of criminally obtained property and the financing of terrorism".

These Rules define the procedure of providing feedback in exchange for submitting reports and documents to the Financial Monitoring Service of the Republic of Azerbaijan stipulated in the Law of the Republic of Azerbaijan "On the fight against the legalization of criminally obtained property and the financing of terrorism" by persons bound by these Rules, as well as persons providing auditor services, religious institutions, non-governmental organizations, including branches or representative offices of foreign non-governmental organizations in the Republic of Azerbaijan.

Obliged entities, as well as persons providing auditor services, religious institutions, non-governmental organizations, as well as branches or representative offices of non-governmental organizations of foreign countries in the Republic of Azerbaijan should be guided by these Rules during their operational activities.

Click here to see the Decision.