The project seeks to support Azerbaijani national stakeholders to foster measures for preventing and fighting corruption, money laundering, and terrorist financing, as well as for the recovery of assets in line with international standards and recommendations provided by the Council of Europe monitoring institutions. Overall, project activities contribute to enhancing the legislative/regulatory frameworks and enhance competencies in the area of anti-corruption, as well as in the investigation and prosecution of money laundering and other forms of economic crime cases and effective recovery of illicit proceeds.

This project is implemented within the third Phase of the joint programme of the European Union and the Council of Europe “Partnership for Good Governance.” It builds on the results of the previous phases of the Partnership for Good Governance in the field of countering economic crime (Phase I 2015-2018 and Phase II 2019-2023).

The overall objective of the project is to contribute to democracy and the rule of law in Azerbaijan through the implementation of institutional reforms aimed at enhancing competencies of national stakeholders to prevent and combat corruption, money laundering and terrorism financing in line with European and international standards.

The project has the following specific objectives:

1. Improve mechanisms and competencies for effective corruption prevention
2. Enhance anti-money laundering, countering terrorism financing and asset recovery measures

The project is expected to achieve the following results:

1. Enhanced risk-based anti-corruption policy-making and strengthened application of monitoring and corruption prevention instruments.
2. Improved transparency in public procurement.
3. Improved anti-money laundering and countering the financing of terrorism (AML/CFT) compliance and supervision, including enhanced institutional, legislative framework and competencies in asset recovery.
4. Enhanced transparency of beneficial ownership.
5. Strengthened competencies of law enforcement, judiciary and Financial Monitoring Service in combating economic crime.