Azerbaijan:
Period Of The Law "On Full Deposit Insurance" Is Extended
27 May 2021
GRATA International
To print this article, all you need is to be registered or login on Mondaq.com.
The President of the Republic of Azerbaijan Ilham Aliyev had
issued a Decree on approval the Law on Amendments to the Law
"On full deposit insurance" that was adopted by Milli
Mejlis. (December 18, 2020).
According to this Law, all protected deposits which interest
rate are in the limits of annual interest rate set by the Board of
Trustees of Fund of Deposit Insurance irrespective of the amount
are subject to full insurance until April 5, 2021, by the
participating banks of Fund having special permission (license) for
implementation of banking activity.
Originally Published 20 January, 2021
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Finance and Banking from Azerbaijan
Asset Recovery Comparative Guide
Bird & Bird
Asset Recovery Comparative Guide for the jurisdiction of UK, check out our comparative guides section to compare across multiple countries
FCA's Consultation Paper
Cadwalader, Wickersham & Taft LLP
Since 3 January 2018, firms that provide portfolio management or investment advice on an independent basis must pay for the research they obtain...
AIFMD II: Main Amendments
Kromann Reumert
The directive amending the Alternative Investment Fund Managers Directive ("AIFMD II") has been adopted and will enter into force on 15 April 2024 with a transposition deadline two years later...
To The Point: Financial Regulation | 03/2024
Schoenherr Attorneys at Law
Welcome to our to the point newsletter. Every month, we are looking back at the most relevant developments in the area of financial regulation in the CEE region.