New anti-money laundering trends being discussed in Azerbaijan

First regional conference on Anti- Money Laundering and Countering Financing of Terrorism is taking place in Baku on 17-18 February.

Director of Financial Monitoring Service (FMS) under the Central Bank of Azerbaijan Adishirin Gasimov has reported that the conference is attended by representatives of financial intelligence units of 20 countries and Expert group of Council of Europe on Anti-Money Laundering and Countering of Financing of Terrorism(Moneyval).

"Among the participants there are also executive director of Basel Management Institution, UNO commission on drug and crime fight and about 40 experts. The conference is discussing new challenges of anti- laundering , international cooperation, new trends and typology as well as national informative bases",- A.Gasimov said.

Source: ABC