Baku 22° C
Azerbaijan’s CBA reveals purpose of special regulatory regime
Finance
- 16 April, 2024
- 08:50
The special regulatory regime enables financial institutions and Fintech companies to test financial products and services in a real test mode within a limited time frame and under supervision, Director General of the Central Bank of Azerbaijan (CBA), Ziya Aliyev said at the InsurTech summit in Baku on April 16, Report informs.
"By reducing the time required for a new product to enter the market, innovation and competition in financial markets are encouraged," Aliyev noted.
Author
Latest News
23:55
Germany's BASF may acquire rival Evonik for more than €8 billion
Other countries23:46
WHO chief warns new pandemic is inevitable
Other countries23:39
Five migrants die while attempting to cross Croatia-Slovenia border
Other countries23:19
Floods kill 13 people in Mali
Other countries23:08
Zelenskyy's office denies report that Trump offered him trip to Moscow — UPDATED
Other countries22:26
Azerbaijan's Saidjamshid Jafarov becomes European champion
Individual sports22:08
Azerbaijan's Nabi Isgandarov wins European Championship silver in Bulgaria
Individual sports21:50
Jeyhun Bayramov, OSCE Secretary General mull regional peace agenda
Foreign policy21:34