Tue 05 October 2010 14:15 GMT | 22:15 Local Time
http://www.news.az/articles/society/4471

The Council of Europe's expert group to tackle money-laundering has removed Azerbaijan from the list of countries that require special monitoring.
The decision was taken at MONEYVAL's 33rd plenary meeting, which took place in Strasbourg from 27 September to 1 October.

"The meeting discussed Azerbaijan's report on measures taken to tackle money-laundering and financial terrorism, which was submitted to MONEYVAL in May 2010," Azerbaijan's Financial Monitoring Service reported.

"A decision was passed at the end of the meeting that there was no need to include Azerbaijan in MONEYVAL's special monitoring regime."

The meeting also decided to appoint Azerbaijan as an evaluator for Moldova's progress report on combating money-laundering and terrorist financing.

MONEYVAL, which works to combat money-laundering and terrorist financing, noted in December 2009 that Azerbaijan had made progress and withdrew concerns expressed about the country in December 2008.