Azerbaijani president decrees to apply law on combating money laundry legalization and financing of terrorism

Under the presidential decree, the Cabinet of Ministers was instructed to develop proposals to bring existing legislation into conformity with this law within a month.

The government was also tasked to bring the regulations of the Cabinet of Ministers and the bodies of central executive power into conformity with the law.

According to the decree, the power "of the relevant executive authorities", stipulated by the Article 14-1.1 of the law on Currency Regulation is implemented by the State Border Service.

/Trend News/