16:18 - 28.04.2026

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April 28, Fineko/abc.az. The Central Bank of Azerbaijan has defined further steps on development of capital markets in the report on the realization of Financial Sector Development Strategy 2024-26 in 2025, ABC.AZ informs with reference to the CBA data.

The CBA plans to ensure compliance with the principles of IOSCO (International Organization of Securities Commissions), as well as assess the potential for creating a Central Counterparty (CCP), as a key element of the infrastructure for performing clearing and settlement functions.

At the same time, it is planned to improve the regulatory framework of investment funds in accordance with best practices, develop an updated oversight plan, and review oversight tools, data sources, and analysis methods (SupTech).

At the same time, the list of upcoming tasks includes development and introduction of a risk-based surveillance system.

Financial Sector Development Strategy 2024-26, approved by the CBA, was fulfilled by 85.6% in 2025.

The performance indicators of the Strategy by sector were distributed as follows:

• Banking sector - 86.3%

• Insurance sector - 80%

• Capital markets - 84.6%

• Payment sector - 86.5%

• Digital finance - 84.7%

• Sustainable finance - 100%

• Professional development and financial literacy - 85.7%