Central Banks of Azerbaijan and Italy explore implementation of risk-based oversight strategy

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A delegation of the Central Bank of Azerbaijan (CBA) visited Italy`s Central Bank (Banca d'Italia).

The aim of the visit was to discuss the development and implementation of a risk-based oversight strategy, assessment of internal capital and liquidity adequacy, as well as model risk management and verification.

The CBA delegation also highlighted the “Financial Sector Development Strategy for 2024-2026”, the implementation of the risk-based oversight and “Suptech” (control technologies) projects.

Economy