The Financial Services Regulatory Authority (FSRA) of ADGM has signed a MoU with the Central Bank of the Republic of Azerbaijan to enhance collaboration in financial technologies, capital markets, and related areas.
The agreement enables both authorities to exchange information and expertise, conduct joint training sessions, collaborate on research initiatives, and facilitate study visits.
Emmanuel Givanakis, CEO of the FSRA at ADGM, stated:
“The signing of this MoU marks an important step in fostering collaboration between ADGM’s FSRA and the Central Bank of the Republic of Azerbaijan. By formalising our cooperation, we create a strong foundation for sharing knowledge and advancing innovation across financial services, which will not only strengthen the capital markets but also support the continued development of the financial sectors in both jurisdictions.”
International cooperation remains central to ADGM’s approach to building a transparent and globally integrated financial system.
The FSRA regularly engages with regional and global regulators to promote knowledge sharing, enhance supervisory practices, and align with international standards.
Such efforts support regulatory resilience and allow authorities to respond more effectively to emerging financial risks and innovations.
Taleh Kazimov, Governor of the Central Bank of the Republic of Azerbaijan, commented:
“In an increasingly interconnected financial world, cooperation plays a vital role in fostering innovation, enhancing regulatory practices, and contributing to the resilience of our financial systems. We look forward to a productive collaboration that supports the growth of our financial sector and promotes regional and global financial stability.”
Featured image credit: Edited by Fintech News Middle East, based on image by nimmihashi via Freepik
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