The new edition of the “Rules on the Retroactive Reporting of Obliged Entities, Persons Providing Audit Services, Religious Organizations, Non-Governmental Organizations, Including Branches or Representative Offices of Non-Governmental Organizations of Foreign States in the Republic of Azerbaijan, in Return for Information and Documents Submitted to the Financial Monitoring Service of the Republic of Azerbaijan” has entered into force.

The updated Rules regulate the mechanism for retroactive reporting in relation to information and documents submitted to the Financial Monitoring Service and establish the procedure for fulfilling the relevant obligations of the respective entities in this area.

The full text of the Rules is available at the following link:

https://e-qanun.az/framework/62148#qayda