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Azerbaijan And Georgia Discuss Rollout Of Advanced Financial Approaches
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, July 2. A delegation of the
Central Bank of Azerbaijan (CBA) paid a working visit to the
National Bank of Georgia to exchange experience on supervision and
regulatory issues, a source in the CBA told Trend .
Throughout the convened sessions under the auspices of the
visit, comprehensive dialogues were conducted regarding the
operationalization of contemporary methodologies within the fiscal
domains of both nations, aimed at enhancing their overall
efficacy.
The discussions encompassed a plethora of themes including the
organizational architecture and structural dynamics of the
supervisory continuum, the risk-centric supervisory paradigm,
oversight mechanisms aimed at countering the legitimization of
assets procured through illicit activities and the financing of
terrorism, advancements in supervisory technologies, and the
intricacies of model risk governance.
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