Strategy of significant legal risks in the banking sector needs to be improved - the director of the Legal Department of the Central Bank of Azerbaijan, Rena Melikova.
At the first meeting of the "round table" of lawyers of the banking sector, established under the mediation of the Association of Risk Professionals of Azerbaijan (ARPA) at the Park Inn decided to combine the efforts of managers in this segment. The need is to develop legislation regulating the legal auditing principles and standards of legal risk management in the financial system.
Considered were organizational matters. So, the first chairman of the "round table" elected advisor to the chairman of the Board of AtaBank, director of the legal department of Ata Holding, a member of the Board of Directors of the ARPA Korkmaz Agayev.
It was deemed necessary to conduct quarterly meetings in this format. In September, the next meeting will be held of the "round table" of bank lawyers. - 17D-
Economics
-
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.
-
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.
-
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.
-
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.
Leave a review