Regulatory Alerts2024-04-05
Regulation on Report Development and Submission by Investment Companies and Banks
The Central Bank of the Republic of Azerbaijan issued Resolution No. 07/2 to mandate standardized reporting for investment companies and banks engaged in investment services. These institutions must submit monthly capital adequacy, risk, and customer asset reports within seven working days of month-end, while order and transaction-specific filings are due within one working day of execution. All submissions must be transmitted electronically via the Central Bank’s platform using an enhanced digital signature and must accurately reflect detailed financial positions, operational metrics, and derivative exposures as outlined in the regulation’s annexes.
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