During the period from June 19 to July 27 the Financial Monitoring Center of the Central Bank of Armenia organized webinars for the representatives of internal monitoring units of investment companies, managers of investment funds, corporate investment funds, the Central Depository, credit organizations, insurance organizations, money value transfer services and pawnshops operating in RA with participation of the representatives of the Financial Supervision Department of the Central Bank of Armenia.
In the framework of the seminar, the following subjects were presented to the participants:
•Customer Due Diligence (CDD),
•High risk and suspicion criteria for transactions or business relations,
•Sources of analysis,
•Case studies,
•Measures to combat financing of terrorism and proliferation of mass destruction weapons.
The webinar is to be organised on a continuous basis, aimed at introducing all reporting entities the developments in the sphere of combatting ML/TF and PF.