Armenia ranks as the 10th country in fight against money laundering and terrorism funding, Head of RA CBA Financial Monitoring Centre Daniel Azatyan told a news conference in Yerevan.
He told journalists that a leading country in the list is Slovenia; Cyprus, Hungary and Baltic states come next. All CIS countries fall behind Armenia, with Russia ranking as the 13th and Ukraine as the 25th state directly followed by Georgia. Azerbaijan is the 25th country in the list. Countries like Serbia, Macedonia and Montenegro were not included in evaluation report.
According to EU report approved by MANIVAL Committee, Armenia has fixed certain positive results towards compliance with international standards on fight against money laundering and terrorism funding. The country complies with 6 recommendations fully, 20 recommendations – almost fully and 17 recommendations – partially. It does not meet 5 standards and 1 recommendation concerning financial sphere.
