Regulatory Alerts2026-06-03
Baku to Host Meeting of the Council of Central (National) Banks of the Member States of the Organization of Turkic States
The Azerbaijani government issued a press release announcing that Baku will host the second meeting of the Council of Central (National) Banks of the Member States of the Organization of Turkic States on June 4-5, 2026. The event will convene central bank leadership from member states Kazakhstan, the Kyrgyz Republic, Uzbekistan, and Turkey, alongside observer representatives from Hungary and the Turkish Republic of Northern Cyprus, to address macroeconomic stability, monetary policy transmission, and digital financial ecosystem development. Established in 2024 as an advisory and consultative body following its inaugural session in Astana, the Council aims to strengthen regional cooperation on monetary policy, financial stability, payment systems, and joint research initiatives.