{"id":777041869,"date":"2026-05-07T09:02:10","date_gmt":"2026-05-07T12:02:10","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777041869"},"modified":"2026-05-07T09:02:30","modified_gmt":"2026-05-07T12:02:30","slug":"azerbaijan-central-bank-sounds-warning-over-extent-illegal-gambling-payments","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/azerbaijan-central-bank-sounds-warning-over-extent-illegal-gambling-payments","title":{"rendered":"Azerbaijan Central Bank sounds warning over extent illegal gambling payments"},"content":{"rendered":"\n

CBA chairman Taleh Kazimov says large amounts of money are being transferred abroad through unlicensed gambling.<\/p>\n\n\n\n\n\n\n\n

Azerbaijan.- The Central Bank of Azerbaijan has raised concerns over the growing flow of money linked to illegal gambling operations. It’s warned that a considerable amount of money is being transferred abroad through unauthorised betting activity.<\/p>\n\n\n\n

Speaking during a press conference, CBA chairman, Taleh Kazimov<\/strong>, said some individuals are opening bank card accounts and allowing others to use them to participate in gambling activities offered by foreign operators. \u201cExtremely large amounts are being transferred abroad,\u201d he said, adding that the volume of these payments already reaches \u201cmillions of manats.\u201d<\/p>\n\n\n\n

Kazimov stated that banks and financial institutions must report suspicious activity to the country\u2019s Financial Monitoring Service and avoid acting as intermediaries for illegal funds. <\/p>\n\n\n\n

In March, the cybercrime division of the Interior Ministry shut down an unlicensed online casino network and arrested four people accused of working with overseas gambling websites. Investigators said the suspects promoted illegal platforms through social media and operated virtual cash desks inside Azerbaijan. Authorities reportedly seized electronic devices, bank cards and mobile phones during the operation.<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> IBIA reports 70 suspicious betting alerts in Q1 2026, with Asia accounting for 13% of cases<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

CBA chairman Taleh Kazimov says large amounts of money are being transferred abroad through unlicensed gambling.<\/p>\n","protected":false},"author":680,"featured_media":777031337,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Central Bank of Azerbaijan (CBA) has raised significant concerns regarding substantial capital flight through unlicensed gambling operations, with millions of manats being transferred abroad via foreign operators and illicit payment intermediaries. This follows recent enforcement actions by the Interior Ministry against an illegal online casino network, underscoring a concerted effort to combat financial crime and uphold regulatory integrity within the nation's financial system.","focusai_entities":"Taleh Kazimov, Central Bank of Azerbaijan, Financial Monitoring Service, Interior Ministry","focusai_location":"Azerbaijan","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (1.0), operator_casino (0.8), affiliate_publisher (0.7), payments_fraud_aml (1.0), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Enhanced Due Diligence?","query":"What specific enhanced due diligence measures are financial institutions in Azerbaijan now implementing to identify and report illicit gambling-related transactions, as per CBA directives?"},{"label":"Cross-Border Collaboration?","query":"How will the Central Bank of Azerbaijan collaborate with international regulatory bodies and financial intelligence units to curb cross-border capital flight facilitated by foreign unlicensed gambling operators?"}],"footnotes":""},"categories":[16331,439],"tags":[25242,24634],"class_list":["post-777041869","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-elsewhere-news","category-legal-news","tag-azerbaijan","tag-illegal-online-gambling"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777041869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/680"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777041869"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777041869\/revisions"}],"predecessor-version":[{"id":777041881,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777041869\/revisions\/777041881"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777031337"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777041869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777041869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777041869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}