2026-07-01
Added · Updated
The Central Bank of the Republic of Azerbaijan issued Resolution № 06/05 to establish comprehensive requirements for stress testing by banks and foreign bank branches operating in the country. The regulation mandates that banks implement robust stress-testing programs, including bottom-up and top-down tests, utilizing high-quality data and validated econometric models to assess impacts on liquidity, credit, market, and operational risks. It further specifies submission deadlines for test results and action plans, with outcomes integrated into the Central Bank's risk-based supervisory process to ensure financial soundness.
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