Azerbaijan, Kazakhstan Hold Bilateral Meeting on Financial Transparency, Regulatory Innovations

photo: Kazinform

Azerbaijan, Kazakhstan Hold Bilateral Meeting on Financial Transparency, Regulatory Innovations

The Central Bank of Azerbaijan and the National Bank of Kazakhstan have held a high-level bilateral meeting focused on enhancing financial reporting transparency and sharing modern regulatory practices.

The meeting was part of ongoing efforts to strengthen cooperation between the two countries’ financial regulators, The Caspian Post informs via local media.

It featured interactive discussions on:

Exchanging experiences in central bank regulatory innovations

Improving automated banking information systems for consolidated financial reporting

Implementing International Financial Reporting Standards (IFRS) and steps for their effective adoption

The session highlighted both countries’ commitment to modernizing financial oversight and boosting transparency in banking and economic management.

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The Central Bank of Azerbaijan and the National Bank of Kazakhstan have held a high-level bilateral meeting focused on enhancing financial reporting transparency and sharing modern regulatory practices.