CBA AND GENERAL PROSECUTOR’S OFFICE TO COMBAT MONEY LAUNDERING
ArmRadio.am
27.06.2006 15:08
"RA Government is ready to implement international norms to combat
money laundering," said Simon Hodard, Adviser of the UN Global
Programme Against Money Laundering.
At the seminar on "Highlighting the fight against money laundering in
state bodies of Armenia" Simon Hodard highly appreciated the activity
of the Central Bank of Armenia, the General Prosecutor’s Office and
other structures.
RA Prosecutor General Aghvan Hovsepyan noted that the fight against
money laundering demands high professional skills and existence of
an information basis. He reminded that in 2001 Armenia joined the
international convention to fight money laundering. Aghvan Hovsepyan
informed that the General Prosecutor’ s Office and the Central Bank
are going to sign a memorandum of understanding, which will allow to
combat money laundering more effectively.
President of the Central Bank of Armenia Tigran Sargsyan noted that
the international community is trying to create a common field for
combating money laundering, and Armenia, which is rapidly integrating
into the international financial system, is obliged to closely
cooperate with international organizations.
"For effective fight against money laundering it is necessary to raise
the level of knowledge of the employees of corresponding agencies,"
Tigran Sargsyan said.
The seminar was organized by the Central Bank of Armenia, the OSCE
Office in Yerevan and UN Global Programme Against Money Laundering.