On November 9, the Financial Monitoring Center of the Central Bank of Armenia organized a seminar for the advocates.
In the framework of the seminar, the participants were presented topics on the amendments and changes in the RA Law “On combating money laundering and terrorism financing”, as well as issues related to legal professional privilege in the scope of combating ML/TF (through analyzing the ECHR judgment on Michaud v. France case). Besides, the participants conducted case studies regarding suspicious transaction indicators, red flags, the process of filing suspicious transaction report etc.
The seminar is to be delivered on a continuous basis, aimed at introducing all reporting entities the developments in the sphere of combatting ML/TF.