Annual Report 2019 slide image

Annual Report 2019

international reserves of Armenia by taking a least-risk approach to ensure the safety, liquidity and effectiveness of management of the reserves. Organizing and regulating a framework to combat money laundering and terrorism financing: Seminars- discussions organized in the period under review for all groups of reporting persons with the participation of about 300 employees addressed the developments in the field of AML/CFT as well as the existing risks. In 2019 a seminar-discussion was organized jointly with the RA State Revenue Committee for the representatives of non- commercial organizations. It should be noted that during the reporting period the risk to terrorism financing persisted at a very low level in Armenia. ANNUAL REPORT 2019 23 COOPERATION WITH I NTERNATIONAL ORGANIZATIONS INSTITUTIONAL DEVELOPMENT OTHER OBJECTIVES OF MAIN CENTRAL BANK OF THE BANK OBJECTIVES THE REPUBLIC OF ARMENIA
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