Azerbaijani Financial Monitoring Service's database expands

The Financial Monitoring Service of the Central Bank of Azerbaijan (CBA) received 21,398 data on suspicious and current operations in October, the service said on Thursday.

In October, this figure increased by 12.3 percent compared to 8.8 percent in September. Since early 2011 the service has received 195, 320 data.

In January, the service received 15,369 data, in February - 16,210, in March - 18,143, April - 19,738, May - 19,478, in June 19,713, in July - 22,646, in August 20 ,417 and 22,191 in September. In 2011, the office has sent 60 internal queries and received seven. Also, the service sent four external requests and received nine.

The monitoring includes the activities of credit, insurance and reinsurance organizations, pawnshops, investment funds, transactions with precious metals and stones, the activities of nongovernmental and religious organizations, organizers of lotteries, the people providing services to purchase real estate, as well as lawyers, accountants, real estate transactions, client money, securities and property, client bank and deposit accounts.


/Trend/