Azerbaijan approves ‘Concept of Policy on Risk-Based Control’

The Central Bank of Azerbaijan (CBA) has approved the ‘Concept of Policy on Risk-Based Control’. This is reported on the website of the structure. The document was prepared within the framework of the joint ‘Financial Sector Modernisation Project’ with the World Bank, the report says. The concept serves to build an effective control system in line with progressive international practices in the financial sector and u...

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