Bank Of Baku

US ambassador Anne Derse: “We are hopeful that a financial intelligence department based on the international standards will be established in Azerbaijan”

US ambassador Anne Derse: “We are hopeful that a financial intelligence department based on the international standards will be established in Azerbaijan”
# 22 July 2008 08:58 (UTC +04:00)
Addressing the conference, chairman of the state-building and judiciary commission of Milli Majlis Ali Huseynov spoke about the measures taken towards improvement of legislative basis for anti-corruption struggle. He said during its last session Milli Majlis approved the draft law on “Combating legalization of money and property gained by the criminal means” at the first reading and it expected to be approved at all three readings during autumn session. Representative of the Council of Europe Secretary General in Azerbaijan Veronica Koteck said it was important to adopt this law and anti-corruption struggle would promote democratization of the society. “We hope that this law will be adopted soon, because it is very important for the country, which chose the way of democratic development”. US ambassador to Azerbaijan Anne Derse said efforts of the Azerbaijani government towards the adoption of this law should be welcomed. “We are hopeful that in this respect a financial intelligence department based on the high international standards will be established in Azerbaijan. Bribery and global swindling bring big money, but it demands money-laundering to put it into circulation. Combating such attempts should be one of the main duties of the government and Azerbaijan’s efforts towards this should be welcomed”.
The conference is continuing its work.
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