Bank Of Baku

Rufat Aslanli: “Stopping of FATF’s monitoring regime in Azerbaijan will create opportunities for attracting of foreign investors”

Rufat Aslanli: “Stopping of FATF’s monitoring regime in Azerbaijan will create opportunities for attracting of foreign investors”
# 27 October 2010 11:44 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Stopping of FATF’s monitoring regime in Azerbaijan will create opportunities for attracting of foreign investors, chairman of State Committee for Securities Rufat Aslanli told APA.

According to holding of monitoring in Azerbaijan made the foreign investors discomfort: ”Now, stopping of monitoring in Azerbaijan may create opportunities for attracting of foreign investors.”

Note that, the FATF has been in existence since 1989. In 2004, Ministry representatives from the 35 FATF members agreed to extend the mandate of the Task Force until 2012. This 8-year mandate demonstrates that members of the FATF remain united in their commitment to combat terrorism and international crime, and is a sign of their confidence in the FATFas an important instrument in that fight.
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