Amendments made to Law on Deposit Insurance

16:45 - 19.05.2020


May 19, Fineko/abc.az. The Azerbaijani parliamentarians have discussed the amendments to the Law on Deposit Insurance.

ABC.AZ reports that Article 19 of the amending bill proposes to replace the words "President of the Republic of Azerbaijan" with the words "body (structure) determined by the relevant executive authority".

In Article 19.6, it is proposed to replace the words "balance sheet, cash flow, reports on income (losses) received from the management of funds" with the words "financial statements".

The amendments to the law were adopted.