A two-day training on “Strategic Analysis” took place in Baku, Azerbaijan on 18-19 December 2019 as part of the capacity building activities specifically designed to strengthen strategic and operational analysis capacities and expertise of the Financial Monitoring Service (national Financial Intelligence Unit). The objective of the training course was to provide insights into how to best employ advanced techniques and available data to prepare quality and valuable strategic analysis products.

The participants in the training had the opportunity to learn about the important role of strategic analysis in better understanding money laundering and terrorism financing (ML/TF) patterns and trends and successfully preventing ML/TF threats. The participants also learned how to effectively leverage strategic analysis outcomes to contribute to policy formulation and identification of operational priorities. The training was complemented with practical exercises to expose the participants to the process of strategic analysis with the aim of translating it into meaningful outcomes.

The activity was organised within the framework of the EU/CoE Partnership for Good Governance II Project on “Strengthening anti-money laundering and asset recovery in Azerbaijan” (PGG II-AZ) which is funded jointly by the European Union and the Council of Europe and implemented by the Council of Europe.