BAKU, Azerbaijan, October 20. The Central Financial institution
of Azerbaijan (CBA) and China Banking and Insurance coverage Regulatory
Fee (CBIRC) signed a Memorandum of Cooperation (MoC),
Pattern stories
through the CBA.
The memorandum is meant to create a authorized foundation for
cooperation between the 2 establishments, strengthen relations, as
properly as improve the knowledge and experience trade within the
monetary sector.
Moreover, the doc supplies for trainings, seminars, and
consulting companies between the CBA and the CBIRC.
“The memorandum will serve to make sure mutual cooperation between
supervisory businesses, present technical help, trade
expertise on international approaches to regulation, in addition to promote
cooperation on the worldwide stage,” the CBA stated.
The related cooperation will contribute to the event of
the banking and insurance coverage methods of each international locations.
