The site of regulations (http://huquqiaktlar.gov.az/StatementDetails.aspx?statementId=33373) published regulations requirements for external auditors of “players” licensed on the securities market of Azerbaijan.
According to the document, it means expanding the regulatory framework, which should be guided by local investment companies. Requirements require full compliance with the provision of the auditor's audit services and the existence of a corresponding length of at least 3 years.
In addition, auditors can be selected not a year, but up to 3 years, and the change can be declared no later than one month before the end of the reporting year. The requirements for external auditors are the same - they must be impartial, not give rise to a conflict of interest, not advertise the companies checked and so on - a total of 16 claims. --17D-
Economics
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The weaknesses of strategic planning in the Azerbaijani land transport sector were revealed during a briefing on improving legislation, which was attended by representatives of the Azerbaijan Land Transport Agency (AYNA) and the Ministry of Digital Development and Transport.
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The Cabinet of Ministers of the Republic of Azerbaijan has made changes to the existing provisions regarding the approval of construction documentation and the service fees for construction. The amendments are guided by Article 119 of the Constitution of Azerbaijan and are aimed at simplifying processes related to construction permits and operations.
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The Cabinet of Ministers of the Republic of Azerbaijan has approved a new procedure for the recruitment of medical personnel to medical institutions included in the state healthcare system. The decision, which comes into force on January 1, 2025, aims to enhance the implementation of compulsory health insurance in the country.
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The Organization of Turkic States (OTS) convened a pivotal meeting in Guba, recently named the agricultural capital, to introduce the "OTS Made" brand for agricultural products. Representatives from the Ministries of Agriculture of Azerbaijan, Turkey, Uzbekistan, Kazakhstan, and the Turkish Republic of Northern Cyprus, along with experts from relevant departments, participated in the event.
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