Financial Crime World

Subtitle: 18 representatives from Azerbaijani institutions gather to discuss the latest financial crimes and countermeasures

December 16-18, 2020, Baku, Azerbaijan

18 representatives from Azerbaijani law enforcement, judiciary, and other relevant state institutions came together for a three-day learning experience organized by the Economic Crime and Cooperation Division (ECCO) of the Council of Europe (CoE). The objective was to equip themselves with the necessary knowledge of the latest financial crime trends and measures against it.

Agenda

  • Money Laundering, Terrorism Financing, and Organized Crime
  • Counterfeiting of Medical Products, Cybercrime, and Data Protection
  • Counterfeiting of Medical Products and Trafficking in Human Beings

Money Laundering, Terrorism Financing, and Organized Crime (Day 1)

  • Role of Greta and Greco networks in the fight against money laundering and terrorism financing
  • Introduction to Moneyval, a CoE body monitoring anti-money laundering practices
  • Recommendations for improving Azerbaijan’s anti-corruption efforts

Counterfeiting of Medical Products, Cybercrime, and Data Protection (Day 2)

  • Importance of cyberssecurity in protecting citizens and maintaining trust in the digital landscape
  • International cooperation mechanisms and best practices for addressing cybercrime and data protection incidents

Counterfeiting of Medical Products and Trafficking in Human Beings (Day 3)

  • Damaging effects of counterfeit medical products on public health and safety
  • Significance of international cooperation and a victim-centered approach in combatting human trafficking

Conclusion

These three days of intensive training left participants with a renewed sense of commitment and determination to strengthen their respective institutions’ fight against financial crimes. The ECCO’s initiative set the foundation for a more effective and resilient approach to financial crime prevention in Azerbaijan.