Azerbaijani Financial Monitoring Service receives over 1,800 data on suspicious transactions

The Financial Monitoring Service of the Central Bank of Azerbaijan (CBA) received 1,868 data on suspicious transactions and 16,291 current operations in March, the service said. In total, the service received 18,159 data, which is more by 11.9% compared to February.

In January, the service received 2,006 data on suspicious transactions and 13,375 current transactions. In total, the service received 15,381 data. The figure was 1,717 and 14,507, respectively, in February. The total figure hit 16,224 data.

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.

The Financial Monitoring Service under the CBA was established in accordance with the decree of President Aliyev on February 23, 2009.


/Trend/