TODAY.AZ / Business

National Bank of Ukraine includes Azerbaijan on the list of countries not recommended for business

18 February 2009 [14:54] - TODAY.AZ
The National Bank of Ukraine has instructed the local banks to take into account recommendations of UN, FATF, MONEYVAL and other international organizations that influence assessment of risks of the countries and jurisdictions.
The letter sent by the National Bank of Ukraine recommends to the banks to reject establishment of correspondent relations with the banks of Iran, Uzbekistan, Turkmenistan, Azerbaijan and Pakistan as the internal legislation of this country does not fully respond the demands on prevention of illegal money laundering and financing of terrorism.

/Liga Zakon/ 
URL: http://www.today.az/news/business/50748.html

Print version

Views: 1796

Connect with us. Get latest news and updates.

Recommend news to friend

  • Your name:
  • Your e-mail:
  • Friend's name:
  • Friend's e-mail:

See Also