Economic and corruption crimes are traditionally considered to be crimes with high latency. Their detection, disclosure, as well as substantiation of the guilt of officials often causes great difficulties and requires consistent, competent, planned and coordinated actions by operative-search bodies.
A comprehensive study of statistical data on economic and corruption crimes recorded in RA testifies that they are a real threat to both national security and the reputation of the Republic of Armenia in the international platform, since such crimes directly have a negative impact upon the normal operation of the most important spheres of the state's life - financial and economic, contradict the principle of equal economic competition between business entities, as well as jeopardize the financial and economic attractiveness of the Republic of Armenia for potential large investments. In connection with the anti-corruption policy adopted by the Government of RA, within the framework of legal, structural and organizational serious reforms carried out in the National Security Service of RA, a separate body for economic security and countering corruption has been established in order to increase the effectiveness of the fight against the above-stated threats, as well as of the fight against money laundering and terrorism financing.
The subdivision carries out counterintelligence support mainly in the fields of sustainment, financial and budgetary, tax, customs, transport, judicial and law enforcement systems, as well as carries out relevant information and analytical work, which is carried out by employees of the NSS with relevant professional knowledge.
The Economic Security and Countering Corruption Body of the NSS of RA cooperates with both NSS subdivisions and other agencies and special services of foreign states.