Regulatory Alerts2026-01-09
Regulation on the Organization and Implementation of Activities by Payment and Electronic Money Institutions
The Central Bank of the Republic of Azerbaijan issued Decision No. 01/2 to establish comprehensive regulatory requirements for payment and electronic money institutions operating in the country. The regulation defines minimum initial capital thresholds, detailed calculation methodologies for own funds, and mandatory activity programs alongside three-year business plans. It further mandates robust internal control and risk management frameworks, standardized reporting procedures, and strict information security standards to ensure financial stability and operational reliability.
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