Improving the Legal and Regulatory Environment for AML and CTF Framework

Within the framework of this assignment the consultant was contracted to implement a number of activities aimed at improvement of legal and regulatory system for AML/CTF.

The following activities was undertaken during the implementation of the project:

Review of best international practice on AML/CTF and comparative analysis of RA legal, regulatory and institutional base,
Elaboration of recommendations’ package and action plan on improvement of Armenian legal and regulatory base on AML/CTF,
Design of special tools necessary for implementation of checks and analysis during registration and operation of casinos, lotteries and other gambling,
Implementation of special training on use of special tools for responsible official,
Facilitation of study tours to most advanced countries to exchange knowledge and experience on AML/CTF.