The Central Bank of Azerbaijan (CBA) has restricted the licence of “Bakı Sığorta” company. This is reported on the website of the regulator. The report says that in accordance with Article 105.1.1 of the Law ‘On Insurance Activities’ the company on the basis of a voluntary application cancels the licence by cancelling permits issued for activities such as ‘Compulsory insurance of civil liability of owners of motor...

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