LAW OF THE AZERBAIJAN REPUBLIC

of June 12, 2018 No. 1185-VQD

About introduction of amendments to the Law of the Azerbaijan Republic "About counteraction of legalization of the money or other property received in the criminal way and to terrorism financing"

Being guided by Items 15 and 20 of part 1 of article 94 of the Constitution of the Azerbaijan Republic, Millie decides Majlis of the Azerbaijan Republic:

Bring in the Law of the Azerbaijan Republic "About counteraction of legalization of the money or other property received in the criminal way and to terrorism financing" (Collection of the legislation of the Azerbaijan Republic, 2009, No. 2, Article 58; 2010, No. 3, Article 178, No. 4, Article 276; 2011, No. 12, Article 1104; 2013, No. 11, Article 1274; 2014, No. 2, Article 81, No. 10, Article 1159, No. 11, Article 1361; 2015, No. 11, Article 1294; 2016, No. 3, Article 413; 2017, No. 5, Articles 696, 711, No. 7, Article 1295; 2017, No. 11, Article 1959) following changes:

1. state Article 6.1.1 in the following edition:

"6.1.1. for credit institutions, the legal entities rendering leasing services, investment companies, investment funds and managing these funds, insurers, overcautious persons and insurance intermediaries, the companies rendering the post services and which are engaged in money transfers, organizers of the lottery and sports draws, persons who obtained the license for activities for currency exchange - the body (structure) determined by relevant organ of the executive authority);".

2. Add Article 6.1.1-1 of the following content:

"6.1.1-1. for the pawnshops and physical persons and legal entities rendering intermediary services in purchase and sale of the real estate - body of financial monitoring;".

3. Add Article 17.3-1 of the following content:

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