2021-04-27

Regulations on Requirements for Investment Fund Capital Formation, Asset Composition, Structure and Management

The Financial Markets Supervisory Authority of Azerbaijan issued Resolution No. 1851100008 to establish comprehensive capital, composition, structure, and management requirements for investment funds. The regulation mandates minimum authorized capital of AZN 500,000 for joint-stock funds and AZN 125,000 for managers, while prescribing specific asset allocation limits and diversification rules across debt, equity, mixed, real estate, and index fund categories. It further standardizes net asset value calculations, share repurchase pricing, simplified investment declarations, and mandatory risk warning statements to ensure transparent fund operations and investor protection.

Azerbaijan

Central Bank of Azerbaijan

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