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AZN 500 to be paid for attestation of bank administrator in Azerbaijan

Financial Markets Supervisory Authority has set the amounts of fees to be paid on attestation of officials of entities and extra-ordinary inspections by employees of the Authority.

According to Rules on regulation of commissions paid to FIMSA by entities controlled in financial markets, the payment on inspections in entities was set at AZN 30 man/hour. AZN 500 will be paid to the FIMSA for attestation of every bank administrator, AZN 300 for attestation of each of senior staff of the insurers, AZN 500  for attestation of members of executive body of depositaries of investment company, stock exchange, clearing company and investment funds, heads of branches of investment companies, as well as members of executive body of joint investment fund and manager.

 

 

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