Regulatory Alerts2025-06-13 | 8555Introducing a Change and a Supplement to the Central Bank of the Republic of Armenia Board Resolution No. 229-N, dated July 28, 2009
The Central Bank of the Republic of Armenia issued Board Resolution No. 95-N to amend Regulation 8/05 regarding business conduct for financial organizations. The amendment introduces a new paragraph 39.2 that mandates specific formatting and content requirements for statements provided to foreign embassies and visa centers. These requirements ensure compliance with consumer personal data protection standards and define precise transaction description fields for such documents.
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