The Interdepartmental Working Group for Fight against Money-Laundering of Azerbaijan received commentaries for the draft law On fight against money-laundering and financial terrorism from the US Department of Justice and the Council of Europe. The Deputy Chairman of the Executive Board of National Bank of Azerbaijan and Head of the Interdepartmental Working Group for Fight against Money-Laundering, Rufat Aslanli, informed Trend that initially the draft law was discussed with experts of the OSCE, World Bank and International Monetary Fund.
All these experts positively assessed the draft law. Organized by the US Embassy to Azerbaijan, Council of Europe and Government of Azerbaijan on October 31st 2006 in Baku, the conference Legal framework for fight against money-laundering, financial terrorism and other financial crimes was attended by two experts from the USA and the Council of Europe. They have sent a number of recommendations, which were mainly of a technical nature.
During a visit of experts from the USA to Baku on January 26th, we held very constructive discussions and presented explanations on all questions that are of an interest to them. We await positive responses from them, Aslanli said. Discussions were also held recently with an expert from the Council of Europe, Claudio Strolgio.
We initially reached an agreement to meet with this expert on February 22nd in Strasburg to hold consultations over the draft law, Aslanli said.