3 December 2025, Baku: The Central Bank has successfully implemented the Supervisory Inspection Management project based on the application of SupTech solutions designed to enhance supervisory processes. The project, carried out within the framework of the 2024–2026 Financial Sector Development Strategy, aims to fully automate the planning, execution, and monitoring of supervisory inspections through the introduction of a dedicated inspection-management platform, consolidate data in a unified database and support the effective application of a risk-based supervision approach.

As part of the project, the Central Bank’s relevant departments responsible for supervising financial institutions have been equipped with software tools that support the efficient execution of their inspection functions. The use of this software allows risk-based prioritization, more efficient preparation of inspection plans, and timely monitoring of the implementation status of instructions issued to financial institutions.

In addition, the automation has made it possible to standardize inspection procedures, generate inspection reports in predefined formats within shorter timeframes, and store all information in a unified electronic database.

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