Armenia regulates AML/CTF through the Central Bank, the Financial Monitoring Center, and its 2008 law. See the obligations and how MemberCheck supports them.
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Armenia regulates AML/CTF through the Law on Combating Money Laundering and Terrorism Financing of 2008. Supervision of reporting entities sits with the Central Bank of Armenia and with the sectoral supervisory bodies named in the legislation governing each activity, while the Financial Monitoring Center, a separate unit inside the Central Bank, is the country's financial intelligence unit. Armenia is assessed against FATF standards by MONEYVAL, the Council of Europe evaluation committee.
Financial institutions and designated businesses must run customer due diligence, keep records, monitor transactions, and report suspicious activity to the Financial Monitoring Center. Supervisors expect a documented compliance framework, a named responsible person, and continual staff training.
MemberCheck helps teams meet these obligations by screening customers and entities against global sanctions, PEP, and adverse-media data, verifying identities, and monitoring risk continuously, with a clear audit trail behind every decision.
The Central Bank of Armenia supervises reporting entities for AML/CTF compliance, and supervises any entity for which no sectoral supervisory body is designated. The Financial Monitoring Center, a separate unit inside the Central Bank, is the financial intelligence unit and receives and analyses suspicious transaction reports.
Armenia's principal AML statute, setting customer due diligence, record-keeping, and suspicious transaction reporting duties for reporting entities.
Armenia is assessed by MONEYVAL, the Council of Europe's committee that evaluates AML/CTF measures against FATF standards.
Through its MONEYVAL membership, Armenia aligns its regime with the FATF Recommendations that shape expectations for financial institutions and designated businesses.
The Central Bank of Armenia is the AML/CTF supervisor. Reporting entities are examined by the supervisory body designated in their sectoral legislation, and where none is designated the Central Bank supervises them directly. The Financial Monitoring Center, a separate unit inside the Central Bank, is Armenia's financial intelligence unit and receives and analyses suspicious transaction reports.
The Law on Combating Money Laundering and Terrorism Financing (2008) is Armenia's principal AML statute, setting customer due diligence, record-keeping, and reporting obligations.
Armenia is assessed by MONEYVAL, the Council of Europe committee that evaluates member states' AML/CTF measures against FATF standards.
MemberCheck screens customers and entities against global sanctions, PEP, and adverse-media data, verifies identities, and monitors risk continuously, with an audit trail behind every decision.
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