Newsroom PGG III Azerbaijan
National stakeholders discuss results and next actions of the anti-corruption and anti-money laundering project in Azerbaijan
The second Steering Committee meeting of the project “Preventing and fighting economic crime in Azerbaijan” took place on 7 December 2023. The project is part of the joint European Union and Council of Europe’s Partnership for Good Governance programme. The meeting endeavoured to present and...
Azerbaijani authorities examine techniques to prevent and combat money laundering schemes associated with new payment methods
The landscape of the traditional financial system continues to change with the rise of crypto assets. This drives the crucial need for further enhancement of the investigation and prosecution against the increasingly sophisticated money laundering schemes employed by criminals to obfuscate the...
National authorities in Azerbaijan strengthen capacities towards effective implementation of targeted financial sanctions
Targeted financial sanctions is a key tool to prevent and suppress the financing of terrorism and proliferation. Azerbaijan has enhanced their efforts in this area, by adopting a new law on targeted financial sanctions and developing guidelines for its effective implementation. In view of...
Advancing prosecution and adjudication of money laundering cases in Azerbaijan
On 19-20 September 2023, bilateral meetings were organised with the Supreme Court, the General Prosecutor's Office, the Anti-Corruption General Directorate under the General Prosecutor’s Office, the Financial Monitoring Service and the State Tax Service under the Ministry of Economy of Azerbaijan...
Judges, prosecutors and investigators in Azerbaijan enhance their understanding on processing money laundering cases
On 18-19 September 2023, the Council of Europe Economic Crime and Cooperation Division organised a workshop for judges, investigators, prosecutors and financial intelligence practitioners from Azerbaijan, with the aim of strengthening their understanding and exchanging views on how to effectively...
Internal practices for assessment and management of corruption risks in state institutions discussed in Azerbaijan
National authorities of Azerbaijan advanced in their policy reforms to introduce internal practices for the assessment and management of corruption risks in state institutions, through the support provided by the project. Framing a corruption risk assessment and management methodology as part of...
New project in the field of anti-corruption and anti-money laundering launched in Azerbaijan
The first Technical Committee Meeting was convened to launch a new project in the field of anti-corruption and anti-money laundering in Azerbaijan within the third phase of the European Union and the Council of Europe Partnership for Good Governance Programme. The meeting brought together...
New initiatives in the field of AC, AML and assets recovery were inaugurated as part of the third phase of the EU/CoE Partnership for Good Governance
In March 2023, the Council of Europe began the implementation of the third phase of the European Union/Council of Europe Partnership for Good Governance Programme (2023-2026). Partnership for Good Governance (PGG) is a regional programme, organised around country specific interventions and...