Capital adequacy requirements to be introduced in Azerbaijan for investment companies
Azerbaijan, Baku, Jan. 31 / Trend /
A legal framework on capital adequacy for investment companies in accordance with EU directives will be created in Azerbaijan, the Azerbaijani State Securities Committee said today.
Baku is hosting a workshop on "Capital requirements for investment companies" with the participation of the Polish Financial Control Agency and the German Financial Control Agency in Baku from Jan. 28-Feb.1. The workshop is being held within the twinning project "Institutional development of the State Securities Committee and bringing the Azerbaijani legislation in the field of securities in line with EU legislation".