Azerbaijan steps up control over taking national currency into and out of country

Trend:

The Azerbaijani Cabinet of Ministers has approved the procedure for declaration when taking national currency in cash and securities denominated in national currency into and out of the country by residents and non-residents.

The relevant decision was signed by Prime Minister Novruz Mammadov.

The procedure has been prepared taking into account the proposals of the Central Bank of Azerbaijan and in accordance with the amendments to the Presidential Decree on Some Measures to Combat Laundering of Money and Other Property, Obtained Through Criminal Activity, and Financing of Terrorism and the Regulations of the Anti-Corruption General Directorate under the Prosecutor General of Azerbaijan.