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Guidelines on licensing procedures in the capital market

Pursuant to Article 64.1 of the Law of the Republic of Azerbaijan ‘on the Securities Market’ (hereinafter – the Law), stock exchange, clearing, investment fund depository, and investment company activities (hereinafter – licensed activities) in the Republic of Azerbaijan may be carried out only by legal entities licensed in accordance...

Prospectus and information memorandum templates

Pursuant to the ‘Law of the Republic of Azerbaijan on the Securities Market’ (hereinafter – the Law), public offering or admission to trading of investment securities shall be accompanied by a prospectus or information memorandum.   The purpose of preparing these documents is to provide investors with transparent and comprehensive...

Guidelines on disclosure of information by issuers

General provisions 1.1. These Guidelines have been prepared in accordance with the Law of the Republic of Azerbaijan on the Securities Market (hereinafter – the Law) and the Regulations on disclosure of information by issuers in the securities market (hereinafter – the Regulations), approved by Decision No. 15-q dated 3...

Central Bank of Azerbaijan celebrates its 105th anniversary

Central Bank of Azerbaijan celebrates its 105th anniversary   Baku, September 30, 2024: Today marks the 105th anniversary of the establishment of central banking in Azerbaijan. During these years, the country's central banking has come a long way.   Historical phases of central banking in Azerbaijan   The beginning of...