On October 9, 2024, in Shusha, a Memorandum of Understanding (MoU) was signed between the Financial Monitoring Service of the Kyrgyz Republic Ministry of Finance and the Financial Monitoring Service of Azerbaijan. The MoU focuses on the prevention of money laundering, related predicate offenses, and the financing of terrorism (AML/CFT).
This agreement is considered a significant step toward strengthening global efforts in combating financial crimes. The goal of the MoU is to establish mutually beneficial relations between the two agencies, while enhancing the effectiveness of information exchange in the areas of anti-money laundering and counter-terrorism financing.
The signing of this document will deepen the diplomatic relations between the two countries, advancing them to a new, more intensive stage of cooperation in the fight against financial crimes.