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Armenian Central Bank sets restriction for real estate transactions

02.03.2018 18:01

Armenian Central Bank sets restriction for real estate transactions

YEREVAN, March 2. /ARKA/. The Armenian National Assembly amended Thursday at the second and final reading the law on money laundering and terrorism financing.

The amendments imply restrictions for real estate transactions.

Vakhtang Abrahamyan, deputy chairman of the Central Bank of Armenia, said that Armenia adopted a legislative package on money laundering yet in June 2014, but there were some faults in the package, especially taking into account Armenia’s commitments toward the United Nations.

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Categories: Economy @en, General news, News, News of the hour | Comments Off on Armenian Central Bank sets restriction for real estate transactions

Tags: Armenia, Central Bank, estate transactions, restriction

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