Azerbaijani National Depository Center adapts ISO:27001 standards
Azerbaijan, Baku, Nov. 15 / Trend /
The Azerbaijani State Securities Committee's National Depository Center has started to adapt to ISO:27001 standards on managing information security.
Turkish expert Ercument Ari was invited to the center to adapt the organization to the standards within measures to increase the level of security of securities transactions with the EU's support.
The main purpose of the visit was to join the ISO:27001 requirements. A series of trainings and workshops were held by the expert for the empoyees of the committee, the Baku Stock Exchange and the center on implementing appropriate standards.
The center was established on Sept. 18, 1997. The founder and owner was the Azerbaijani State Property Committee. After creating the state committee, the center's shares were transferred to its property. The center was reestablished by the committee on Sept. 8, 1999 and registered by the state on Sept. 17, 1999.