Azerbaijan to expand coop with European depositary centers
The Azerbaijani National Depository Centre (NDC) is planning to sign memorandums of cooperation with the central depository organisations of Greece, Poland and Romania, the NDC report published on its website says.
A conference on 'Forming of capital market: trends, proposals and facilities' will be held on October 5 to coincide with the 15th anniversary of NDC which is a part of the national depository system.
Signing of memorandums of cooperation with the central depositary organisations of Greece, Poland and Romania to develop such directions as the study of new service fields, uniting of activities regarding new systems and operations, training and exchange of experiences between employees, exchange of statistic data on market operations and indicators as well as the exchange of information on possible joint operations is planned at the conference, the report says.
Local and foreign experts on capital markets, researchers, regulators and specialists on securities from over 20 countries will take part at the conference.
The event will be held with the assistance of Azerbaijani State Statistics Committee, the World Bank and the PASHA Bank.
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