YEREVAN, May 25. / ARKA /. An evaluation group of the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism, a monitoring body of the Council of Europe, headed by the Secretary General of the Committee John Ringguth will be visiting Armenia from May 25 to June 6, the Central Bank of Armenia reported today.

It said the purpose of the visit is to assess the 5th stage of the fight against money laundering, financing of terrorism and proliferation of weapons of mass destruction. The focus in the evaluation will be on the effectiveness of the recommendations of the FATF (Financial Action Task Force) to combat money laundering, it said.

The evaluation will be given, in particular, in terms of international cooperation, oversight of financial and non-financial sectors, application of preventive measures by individuals providing statements.

Categories: Banks @en, General news, News, News of the hour | Comments Off on Moneyval committee team to evaluate Armenia's progress in fighting against money laundering

Tags: Armenia, Money, MONEYVAL

Read more

MONEYVAL committee of experts approved the third stage for evaluating the progress of struggling against money laundering and terrorism financing (ML/TF) in Armenia

Categories: Banks @en, General news, News, News of the hour | Comments Off on MONEYVAL reports significant progress in Armenia’s struggling against ML/TF

Tags: Armenia, MONEYVAL, report

Read more

Council of Europe Committee of Experts on the assessment of anti-money laundering(AML) and combating the financing of terrorism(CFT) published its mutual report on Armenia.

Categories: Economy @en, General news, News | Comments Off on MONEYVAL publishes mutual report on Armenia

Tags: Armenia, Experts, MONEYVAL, report

Read more

YEREVAN, December 14, /ARKA/. Armen Malkhasian, head of a department of the Financial Monitoring Center of the  of Armenia, in charge of legislation enforcement and international relations, was elected to MONEYVAL Commission Bureau. The Central Bank of Armenia said the decision to elect Armen Malkhasian was made during the December 11 election of MONEYVAL leadership. […]

Categories: Banks @en, General news, News | Comments Off on Armenian Central Bank member elected to MONEYVAL Committee Bureau

Tags: Armenia, Central Bank, Commission, MONEYVAL

Read more