Regulatory Alerts2026-06-05
Added · Updated
Financial Sector Professional Certification and Examination Guidelines
The Central Bank of the Republic of Azerbaijan has issued guidelines mandating professional certification for employees of supervised financial entities, structured around two job grades and risk-based supervision. The framework requires candidates to pass electronic multiple-choice examination modules, with a passing threshold of 13 out of 20 questions per module, while prohibiting unauthorized aids and device usage during testing. Additionally, the guidelines enforce a minimum of 15 hours of annual Continuing Professional Development for Grade 2 certificate holders and establish the issuance of indefinite electronic certificates to ensure ongoing regulatory compliance.
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