Features of implementation of international norms on financing of terrorism in Azerbaijan

• Author: Heydar Gambarov
• Position: Department of International Law, Baku State University, Baku, Azerbaijan, gambarovheydar@gmail.com.
• Pages: 165-173

Features of implementation of international norms

on financing of terrorism in Azerbaijan

Associate professor Heydar GAMBAROV1

Abstract

The contribution is devoted to the descr iption of featur es of national implementation

of trea ty obligations of Azerbaijan according to the UN Convention for the Suppression of

the Fin ancing Terrorism. The basis of resea rch is presented by the Law of the Republic of

Azerbaija n “On the Prevention of the Legalization of Criminally Obtained Funds or Other

Property and the Financing of Terrorism”. The author pays attention to the next aspects:

1) differences between approaches o f nationa l legislation and trea ty obligations; 2) modern

challenges that might have impact on the efficiency of implementation of interna tional

norms on suppression of the financing of terror ism.

Keywords: Azerbaijan, implementation, treaty obligations, counter action to criminality,

financing of terror ism.

JEL Classification: K14, K33

1. Introduction

Important stage in the development of the domestic mechanism to combat

the financing of terrorism was the adoption of the Law of the Republic of

Azerbaijan No. 767-IIIQ of 10.02.2009 on countering the legalization of money or

other property obtained through criminal means and the financing of terrorism

(hereinafter - the Law of Azerbaijan on financing of terrorism)2. Its provisions

helped improve the legal, institutional and organizational framework for countering

money laundering and financing of terrorism. In this context, it is advisable to

characterize its provisions in the context of compliance at the domestic level with

the requirements of Azerbaijan's obligations under the UN Convention against the

Financing of Terrorism of 09.12.19993.

1 Gambarov Heydar - Department of International Law, Baku S tate University, Baku, Azerbaijan,

gambarovheydar@gmail.com.

2        , 

 ,   :    

767-IIIQ  10.02.2009  (On Counteracting the Legalization of Monetary Funds or Other Illegally

Grown Property and the Financing of Terrorism: Law of the Republic o f Azerbaijan No. 767-IIIQ

of February 10, 2009). The document is available online at: http://base.spinform.ru/show_doc.fw

x?rgn=24 582, consulted on 1.09.2018.

3       : . 54/109   

09.12.1999  (International Convention for the Suppression of the Financing of Terrorism: Res.

54/109 UN GA dated 09.12.1999). The document is available online at: http://www.un.org/

ru/documents/decl_conv/conventions/terfin.shtml, consulted on 1.09.2018.