On June 21, 2021 an amendment was made to the Law on "On Mortgage" ("Amendment Law").

The President of the Republic of Azerbaijan Ilham Aliyev had issued a Decree on approval the Law on Amendments to the Law "On full deposit insurance" that was adopted by Milli Mejlis.

At Bureau 28a, we recognize that venture financing is more than just capital – it is a strategic partnership that fuels innovation, accelerates growth, and shapes the future of emerging enterprises.

One consequence of this move was that loans granted by local banks to local customers in foreign currency became more expensive, because the Azerbaijani Manat was weakened by 25 percent.

According to the Resolution of the Central Bank of the Republic of Azerbaijan #04/2 dated 4 February 2022, the Rules on "Opening, maintaining and closing bank accounts"...

On 10 June 2019, the Chamber of the Republic of Azerbaijan for Regulating Financial Markets (FIMSA) passed the Rules for Opening, Maintaining, and Closing Bank Accounts.

Counsel Ulvia Zeynalova-Bockin from the Baku office contributed the chapter on Azerbaijan in the recently released first edition of The Virtual Currency Regulation Review.

The former CEO of Cisco Systems, John Chambers, once famously stated: ‘There are only two types of companies: Those that have been hacked and those don't know that they have been hacked'.

On 30 September 2024, the Plenum of the Constitutional Court of the Republic of Azerbaijan considered a request by the Saki District Court seeking to clarify the interpretation of Sub-Section 430.4 of the Code of Administrative Violations of the Republic of Azerbaijan ...

Law No 551-VIQ, dated 22 June 2022, On Investing [Investment Activity], came into effect on 28 July 2022. The Law, On Protection of Foreign Investments, dated 15 January 1992...

On 27 November 2019, Law No 1669-VQ, dated 30 September 2019, On Technical Regulation, was promulgated. The Law, which will enter into force in six months

On 30 September 2024, the Plenum of the Constitutional Court of the Republic of Azerbaijan considered a request by the Saki District Court seeking to clarify the interpretation of Sub-Section 430.4...

Pursuant to the Regulations of Lease of Assets of State-Owned Port Infrastructure through Selection Process, approved on 13 September 2024 by Resolution No. 421...

In the wake of the latest devaluation of Azerbaijani currency and falling oil prices, the Azerbaijani Parliament passed in the first reading several laws that are expected to have lasting impact.

Bureau 28a provides comprehensive updates on Azerbaijan's evolving legal and regulatory framework, covering recent legislative developments in crowdfunding...

There are presently 45 credit unions in Azerbaijan competing for customers. Yet what's their working principle? But first, let's look at why there is so little we know about them.

The Milli Maclis adopted the Law, On Financial Leasing, on 26 May 2026, and it was subsequently promulgated by Presidential Decree on 25 June 2026.

The Milli Maclis held the first reading of the bill On Financial Leasing on 27 April 2026.

The Milli Maclis adopted the Law, On Financial Leasing, on 26 May 2026, and it was subsequently promulgated by Presidential Decree on 25 June 2026. The Law will enter into force on 25 December 2026. Existing leasing operators will be required to bring their activities into compliance and apply for registration within the transition period provided by the Law and implementing regulations.

On 26 January 2026, the President approved the Regulations of Digital State Finance Information System (ISDSF or RDMIS) by Decree No. 590.