Bank Of Baku

Statistic information form on law-violations in combating against black money laundering elaborated in Azerbaijan

Statistic information form on law-violations in combating against black money laundering elaborated in Azerbaijan
# 10 March 2011 11:13 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Submitting form of statistic information on law-violations in PL/TMM sphere within the improvement and meeting of normative legal base to international standards for providence of full functionality of national system in the sphere of combating legalization of criminally obtained funds or other property and financing of terrorism has been elaborated in Azerbaijan. According to Finance Monitoring Service, the form was elaborated on the basis of discussion with Anti-corruption Department of Prosecutor’s Office of Azerbaijan and registered in Ministry of Justice.

The form purposed to provide the efficiency of relevant state bodies by the centralizing of statistic information on law-violations in PL/TMM sphere: “According to this law, statistic information will be submitted by Ministry of National Security and Anti-Corruption Department to Finance Monitoring Service in 6 months”.
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THE OPERATION IS BEING PERFORMED