Azerbaijan to regulate financial market stability (UPDATE)
Details added (first version posted on 13:08)
Baku, Azerbaijan, March 4
A committee on financial market stability regulation will be created in Azerbaijan, head of the working group on the establishment of the country's financial market supervisory body Rufat Aslanli said.
He made the remarks March 4 while speaking at a plenary session of the Azerbaijani parliament.
"The Central Bank of Azerbaijan, the ministry of finance and the financial market supervisory body of Azerbaijan will sign a special memorandum," Aslanli said. "Signing of this document has already been agreed upon."
The head of the working group said that the new body is planned to be called the 'Committee for Financial Stability'.