European notaries share experience with Azerbaijani colleagues in the prevention of money laundering and terrorist financing

Azerbaijan is interested in the experience of EU notaries in the fight against money laundering and terrorist financing.

On October 11, 2021 the International Union of Notaries (UINL) Commission on International Notarial Co-operation held the seminar on the prevention of money laundering and terrorist financing for the Azerbaijani notaries. 

At this seminar, the President of the Lithuanian Chamber of Notaries Marius Stračkaitis introduced the good practices of money laundering prevention in Lithuania, and the representatives of the notaries of Germany and Austria presented the experience of these countries. Approximately 70 notaries from Azerbaijan attended the seminar.

Representatives of Azerbaijan visited Lithuania several times (in 2013, 2014, 2017) and participated in international events organized by the Lithuanian Chamber of Notaries. The Azerbaijani notariate meets many of the requirements for a Latin notary and could be admitted to the International Union of Notaries in the near future.