12:32 - 12.05.2026
May 12, Fineko/abc.az. An assessment of ML/FT (money laundering and terrorist financing) risks in the financial sector has been conducted between Azerbaijan and Turkey.
ABC.AZ informs, referring to the Central Bank of Azerbaijan, that the CBA delegation paid a business visit to the Turkish Banking Regulation & Supervision Authority, as well as to the Regulatory and Supervisory Authority in the field of insurance and private pensions.
During the visit, extensive discussions and exchange of experience were held on issues of ML/FT risk assessment in the banking and insurance sectors, methodology for conducting supervisory activities, including on-site and remote inspections, a risk-based approach to supervision, as well as the application of sanctions in this area.
