Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Supporting Capital Market Development and Reform in Developing Asia: Country Assessment Report for Azerbaijan

Supporting Capital Market Development and Reform in Developing Asia: Country Assessment Report for Azerbaijan

Asian Development Bank

Paperback

EconomicsInvesting & Finance

ISBN10: 929277767X
ISBN13: 9789292777678
Publisher: Asian Development Bank
Published: Apr 27 2026
Pages: 50
Weight: 0.40
Height: 0.14 Width: 8.50 Depth: 11.00
Language: English

This technical review shows how Azerbaijan can boost its capital market infrastructure and reinforce its securities clearing and settlement framework to align with international standards and improve market efficiency and transparency. It looks at the role, functions, and risks of the National Depository Center (NDC) which now serves as a settlement agent following a 2023 Law on Securities Market amendment. Pinpointing gaps in the guarantee-based settlement mechanism, it recommends Azerbaijan consider steps including establishing a clearing fund and introducing margin management. It explains why developing the NCD into a central counterparty would also help support the country's capital market development.

Also from

Asian Development Bank

View All

Also in

Investing & Finance

View All