The Central Bank of the Republic of Azerbaijan held a training session for representatives of credit unions on the implementation of anti-money laundering and counter-terrorist financing (AML/CFT) legislation. In line with its 2025 training plan, the session covered AML/CFT obligations, establishing an internal control programme, applying customer due diligence measures, and monitoring suspicious transactions. The programme also included discussions based on the presentation and a detailed Q&A with participants.
2025-06-24Central Bank of the Republic of Azerbaijan
Central Bank of the Republic of Azerbaijan trains credit unions on applying AML CFT legislation
The Central Bank of the Republic of Azerbaijan conducted a training session for credit unions on anti-money laundering and counter-terrorist financing (AML/CFT) legislation. The session focused on AML/CFT obligations, internal control programmes, customer due diligence, and monitoring suspicious transactions, including a presentation and Q&A.