BAKU, Azerbaijan, November 6. The central banks of Azerbaijan and Italy have discussed the possibilities of developing and implementing a risk-based supervision strategy, Trend reports via the CBA.
Thus, the CBA delegation paid a working visit to the Central Bank of Italy.
The visit aimed to hold discussions on the development and implementation of a risk-based control strategy, assessment of internal capital and internal liquidity adequacy, as well as management and verification of model risk.
In addition, a detailed exchange of views was held on the regulation and control of market behavior.
The CBA delegation also briefed on the meeting on the "Financial Sector Development Strategy for 2024-2026", the progress of the risk-based supervision and Suptech (supervision technologies) projects implemented within that framework.
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