Regulatory Alerts2025-01-24 | 7872Amendment to Central Bank of the Republic of Armenia Board Resolution No. 145-N
The Central Bank of the Republic of Armenia issued Board Resolution No. 7-N on January 14, 2025, to streamline the registration process for managers of banks and foreign bank branch offices. The resolution amends point 200 of the Procedures on Licensing and Registration by replacing the phrase 'is invited' with 'may be invited'. This change grants discretion in inviting candidates and the resolution enters into force on the tenth day following its official publication.
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