On 20 October 2026, Azer Abbasov, Deputy Chairman of the Financial Monitoring Service, participated in a panel discussion on “Strengthening Transparency in the Business Environment” held as part of the “Sustainable Business: Corporate Governance, Risk and Compliance (GRC) Conference 2026”.

In his remarks, Azer Abbasov emphasized that transparency is one of the key prerequisites for sustainable economic development and public trust in the financial system. He also highlighted the importance of a risk-based approach and effective compliance mechanisms in combating money laundering and the financing of terrorism.

He further noted that strengthening public-private sector cooperation, safeguarding data confidentiality, and leveraging digital solutions contribute to fostering a transparent business environment and reducing financial crime risks.