Mon, 8 September
24.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Armenian Central Bank member elected to MONEYVAL Committee Bureau

YEREVAN, December 14, /ARKA/. Armen Malkhasian, head of a department of the Financial Monitoring Center of the  of Armenia, in charge of legislation enforcement and international relations, was elected to MONEYVAL Commission Bureau.

The Central Bank of Armenia said the decision to elect Armen Malkhasian was made during the December 11 election of MONEYVAL leadership.

The Committee of Experts Moneyval of the Council of Europe monitors and assesses the measures adopted by member states in the field of prevention and fighting against money laundering and financing of terrorism in line with recommendations drawn up by Financial Action Task Force on Money Laundering.

Moneyval at its 30th plenary meeting in late September, 2009 adopted the mutual evaluation report of Armenia. In its assessment of Step 3 of fighting against money laundering and financing of terrorism Armenia was in the 10th position among 25 member countries. Armenia joined Moneyval in 2006 and is involved actively in the process of mutual assessment of the system for fighting money laundering and financing of terrorism. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Cryptocurrency in Armenia: Stringent Regulations and Elevated Expectations

The future of cryptocurrencies in Armenia was a topic of discussion among participants at the Armenian Cryptocurrency Assets Forum, which recently took place in Yerevan.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

ArCa payment system reinstated

The Armenian Card (ArCa) payment system has been completely reinstated, according to a report from the company's press service.

LATEST NEWS

spot_imgspot_imgspot_img