Regulatory Alerts2026-05-04
Regulation on sale and buyback of bullion and commemorative coins issued into circulation by the Central Bank of the Republic of Azerbaijan
The Central Bank of the Republic of Azerbaijan issued Resolution No. 38/1 to establish comprehensive rules governing the sale and buyback of bullion and commemorative coins issued into circulation. The regulation mandates online and direct sales through designated agents, specifies pricing based on production costs and precious metal values, and outlines a standardized electronic purchasing process with cashless payments. It further defines repurchase procedures requiring sales agents to verify coin authenticity, condition, and metal content before reimbursing buyers at nominal or market-determined values within specified timeframes.
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