Council of Europe hails Azerbaijan’s anti-money laundering efforts

The Council of Europe's Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) has published a long-awaited evaluation report on Azerbaijan.

The report assesses the work done in Azerbaijan over the past five years on several criteria and the successes achieved, according to Report.

The performed work is also recognized as acceptable. Various recommendations were given on further work in these directions.

The work done in the field of investigation of terrorism financing offences was highly appreciated.

The document notes that Azerbaijan has achieved a high level of efficiency in combating the financing of terrorism.