MONEYVAL’s 1st Enhanced Follow‑up Report on Azerbaijan finds progress in AML/CFT reforms and FATF compliance, but the country remains under enhanced monitoring to address ongoing FC risks

MONEYVAL concludes that Azerbaijan has made meaningful improvements to its AML/CFT preventive measures, including enhancements to customer due diligence, supervision, and risk understanding across obliged sectors. It nonetheless calls for continued efforts to ensure these reforms translate into consistent, effective implementation and stronger outcomes in practice…