Financial Markets Supervision House Transferred Some of Powers of Central Bank and Ministry of Finance

President Ilham Aliyev signed a decree according to which some of the powers of the Central Bank and the Ministry of Finance passed to the Financial Markets Supervision House (FMSH).

According to Turan, the House was passed the powers of the Ministry of Finance on the verification of activities of insurers, reinsurance companies and insurance intermediaries.

FMSH also received the powers of the Central Bank for checks in credit institutions.    ------71D

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