Financial Market Supervisory Authority (FIMSA) is a public legal entity and independent in its operations. FIMSA is in charge of licensing, regulation and supervision of the credit institutions, insurance sector and securities market.
Financial Market Supervisory Authority of the Republic of Azerbaijan (FIMSA) was established with the goal of improving licensing, regulation and supervision of payment systems, as well as providing the transparency and flexibility of payment systems in Azerbaijan. Payment systems in Azerbaijan is regulated by “Civil Code”, “Law of Azerbaijan Republic on banks”, “Rules on issuance of permissions and supervision of processing systems”, “Rules on security of information systems of banks” “Rules on issuance and use of payment cards”, and “Charter of FIMSA”.
11 may 2017, 20:52
24 february 2017, 14:29