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Process of transfer to Central Bank of Azerbaijan of control functions of Financial Markets Control Chamber fully completed

10 January 2020 15:39 (UTC +04:00)

"The process of transfer to Central Bank of Azerbaijan (CBA) of the control functions of Financial Markets Control Chamber has been fully completed”, said CBA’s Chairman Elman Rustamov during the meeting with entrepreneurs, "APA-Economics" reports.

“The control functions of the Central Bank have been fully established", he added.

“We have completely finished merging. 70-75% of the staff have been provided with the job. Simply, who implement repetitive functions have not been provided with the job in CBAR. We have helped their labour activity and gave compensation. The process has been fully completed. The controlling functions of CBAR have been fully established,” E.Rustamov said.