Newsroom PGG III Azerbaijan
Non-profit organisations explore ways to prevent money laundering and terrorist financing risks
Two groups of non-governmental organisations in Azerbaijan benefited from consecutive workshops on 25-26 February designed to strengthen their understanding of measures to address money laundering and terrorist financing risks in the non-profit sector. The Council of Europe organised the...
Lawyers enhance skills to prevent money laundering and terrorism financing
In cooperation with the Azerbaijani Bar Association and the Financial Monitoring Service, the Council of Europe organised a workshop on 23-24 February 2026 for two separate groups of lawyers to strengthen their understanding of how to prevent money laundering and the financing of terrorism. The...
National authorities and private sector discuss third country risk assessment of money laundering and terrorist financing
Azerbaijan has most recently accomplished its third round of the national risk assessment for preventing money laundering and the financing of terrorism. This is an important achievement as it identified where the country is most vulnerable so public agencies and businesses can prioritise actions...
Public procurement professionals discuss tools and mechanisms to prevent and combat fraud in procurement
Representatives from multiple state institutions convened to discuss corruption and fraud risks across the procurement lifecycle. Procurement is considered one of the areas most vulnerable to economic crime, primarily due to the substantial financial value of contracts and the potential for...
Supervisory authorities and financial intelligence practitioners discussed the role of sectoral risk assessments in designing effective supervisory actions
Anti-money laundering and counter-terrorist financing practitioners, including representatives of supervisory authorities and financial intelligence came together for a two-day training to deepen their understanding of robust assessment of money laundering and terrorist financing (ML/TF) risks....
The Council of Europe introduces its National Corruption Risk Mapping Methodology to Azerbaijani institutions
Azerbaijan has recently introduced amendments to the Law on Combatting Corruption which incorporates new provisions related to corruption risk assessment and management in state institutions. In support of these legislative reforms, an online workshop was organised to introduce the Council of...
Support in the area of sanctioning mechanisms for non-compliance with anti-money laundering requirements
Alongside an extensive review of relevant legislation and documentation, the Council of Europe organised two remote consultation meetings with national authorities in Azerbaijan to discuss the legal and institutional framework in the area of supervisory powers and sanctions for non-compliance...
Financial intelligence practitioners and other national stakeholders discuss the role of strategic analysis
A three-day training on strategic analysis was organised to discuss the important role of strategic analysis in better understanding money laundering and terrorist financing patterns and trends to successfully prevent such threats. The thematic training through informative sessions and targeted...
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...