Azerbaijan, Baku, August 5 /Trend/
In order to assist in raising the professional level of securities market participants in Azerbaijan, on August 3-4 Baku hosted a seminar on "Combating money laundering and the financing of terrorism: advanced global practices and approaches in Azerbaijan", the
State Securities Committee of Azerbaijan (SSC) reported.
The event was organized upon the initiative of the SSC within USAİD project "Support for trade and investment reforms in Azerbaijan."
SSC deputy chairman Ilgar Muradov in his speech spoke about advanced international practices, as well as work done in this field in Azerbaijan and in the world, including the work being done in combating the financing of terrorism and the laundering of funds obtained by criminal means.
During the event, international experts provided information on advanced practices aimed at preventing money laundering in the securities market and the financing of terrorism, and the suspension of these processes, as well as the recommendations of international organizations that govern this sphere.
During the meeting, was also made a presentation on the role of SSC and professional securities market participants in combating money laundering and the financing of terrorism.
The seminar was also attended by the USAID experts, the Financial Monitoring Service at the Central Bank of Azerbaijan, Azerlotereya JSC.