Release Date:
On November 1, the Financial Monitoring Service organized (FMS) a training for financial institutions on "Ways to improve the quality of reports on suspicious transactions submitted to the FMS and the effectiveness of mutual information exchange."
The training discussed the evaluation of the information provided by the financial institutions to the FMS, the difficulties faced by the financial institutions and the issues of mutual information exchange, as well as recommendations for improving the quality of data and questions of the participants were answered.
The training was attended by more than 50 officials of banks operating in Azerbaijan.
