Azernews.Az

Kazimov also stressed that significant progress has been made in the regulation of Azerbaijan’s financial sector, particularly in the areas of anti-money laundering (AML) and compliance. "We are striving to balance the stimulation of the financial market with adherence to international requirements. As a result of these reforms, Azerbaijan’s banking network—especially correspondent banks in the United States—has expanded significantly," he noted. Thus, the ongoing geopolitical tensions are accelerating changes in Azerbaijan’s economic policies, requiring adaptation to new realities in international payments, financial flow regulation, and the fight against inflation risks.

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