Fahriyar Jabbarov has been appointed the head of the legal department of the Financial Markets Control House (FMCH) of Azerbaijan. He is a former member of the Supervisory Board of Synergy Group, and the First Deputy Chairman of the Board of this entity.
Recall that the FMCH Board of Directors consists of its head Rufat Aslanli, the Deputy Nigar Mammadova and a member Ilgar Ibrahimov. The Chief Executive Officer is Ibrahim Alyshev.
FMCH is the first public legal entity created by presidential decree in February this year. Its mission is licensing, regulation and supervision of the securities market, investment funds, insurance companies and credit institutions (banks, non-bank credit institutions and postal services), as well as payment systems. --17D-
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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