Central bank of Armenia introduces online training for prevention of money laundering and terrorism financing

YEREVAN, April 7. /ARKA/. At the initiative of the Financial Monitoring Center Armenia’s Central Bank has introduced an online training system that provides information on combating money laundering and financing of terrorism.

The regulator said the presented themes address the concepts of “money laundering” and “financing of terrorism”, international and national requirements for the prevention of such crimes, information on persons providing relevant reporting, measures carried out by supervisory and other bodies, as well as information on other mechanisms regulating this sector.

The online training is designed for persons providing reporting (employees of internal monitoring, internal audit, employees serving clients, loan officers, as well as notaries, lawyers, accountants and auditors) to help them improve knowledge on their activities, as well as for all those who are interested in how to prevent money laundering and terrorist financing.

The interested persons can register as users, study topics, answer test questions and see the answers. The online training system is posted on the official website of the Armenian Central bank in the section “Money Laundering and Terrorist Financing. It is also available at lms.fmc.am. -0-

spot_img

POPULAR

In Armenia, 82% of the country’s financial system assets are accounted for by the banking system – Central Bank

The assets of Armenia's banking system continue to dominate the country's financial system, accounting for approximately 82% of total assets, or approximately 12 trillion drams, said Martin Galstyan, Chairman of the Central Bank.

“We are switching you to 5G, type a command”: IDBank warns about a fraud disguised as a “network update”

Amid the active expansion of fifth-generation mobile networks in Armenia, a rise in fraud activity has been recorded. Scammers, posing as employees of telecommunications companies, offer to “upgrade settings” or “activate 5G” using phone commands.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (May 18-24)

Last week, the Armenian financial market focused on bank restructuring mechanisms, the tax model for bank dividends, the regulatory agenda, comments from international financial institutions, and the development of financial literacy.

AMX’s key goal is integration into international capital markets – CEO

One of the key goals of the Armenia Securities Exchange (AMX) is the integration of the Armenian capital market into international markets, stated AMX CEO Hayk Yeganyan.

Central Bank of Armenia warns of a new wave of telephone fraud

The Central Bank of Armenia has warned citizens of a new wave of telephone fraud.

LATEST NEWS

spot_imgspot_imgspot_img