Yerevan /Mediamax/. Armenia occupies the 10th place among 25 countries of the Council of Europe (CoE) as to meeting international standards for fighting money laundering and terrorism financing.

Mediamax reports that the Head of Financial Monitoring Center of the Central Bank (CB) of Armenia Daniel Azatyan said this in Yerevan today, referring to the report of CoE Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL).

Daniel Azatyan noted that in the report, among the post-soviet countries, Armenia yields only to Lithuania, Latvia and Estonia. According to him, the systems for fighting money laundering and terrorism financing in Armenia have received the high assessment of the Committee. In particular, significant progress was registered in legal, financial and law-enforcement spheres.

As of October 1, the Financial Monitoring Center of Armenian CB had 417 financial and 639 non-financial establishments on account.