2025-06-10
The Republic of Azerbaijan issued this law to establish comprehensive regulatory principles for the organization, management, and liquidation of investment funds. It mandates Central Bank licensing and supervision, establishes a state register for funds and managers, and defines distinct operational frameworks for joint-stock companies and open-end, interval, or closed-end mutual funds. The legislation outlines governance structures, investment policy standards, share issuance procedures, and liability limitations to ensure investor protection and market stability.