financial sector

CBA and Bank of New York Mellon Discuss Expanding Cooperation
The head of Azerbaijan's Central Bank, Taleh Kazimov, and BNY Mellon Vice Chairman Hani Kablawi held talks on prospects for interaction on the sidelines of the World Bank and IMF meetings.

Central Bank of Azerbaijan Discusses AI Adoption with Insurance and Capital Market Participants
The Central Bank of Azerbaijan held a roundtable on digital transformation and the adoption of artificial intelligence in the financial sector.

Switzerland Imposes New Sanctions Against Russia from August 20
The Swiss Federal Council has adopted additional measures under the EU's 20th sanctions package, affecting LNG, exports, and the financial sector.

Associations Propose Limits, Regulator Silent: Uncertainty Grows in Azerbaijan's Financial Sector
Restricting transfers to 5 operations per day and 20,000 manats per month is not just a strange recommendation; it is an attempt to interfere with the freedom of financial operations.

Azerbaijan Advised to Establish Baku International Financial Centre
Oliver Wyman analysts recommend Azerbaijan to undertake institutional reforms in the financial sector, including the creation of Baku IFC, to attract investment in infrastructure projects.

Central Bank of Azerbaijan Approves Code of Ethics for Financial Sector
The Board of the Central Bank of Azerbaijan has approved the Code of Ethical and Professional Conduct in the Financial Sector, developed under the sector development strategy for 2024–2026.

CBA Prepares Financial Sector Development Strategy Until 2030
Azerbaijan's financial sector development must balance innovation and risk management, says CBA official.

Azerbaijan and Kazakhstan Establish AI Contacts in Financial Sector
A delegation led by Toghrul Aliyev, Deputy Chairman of the Central Bank of Azerbaijan, paid a working visit to the Agency for Regulation and Development of the Financial Market of Kazakhstan.