“Ethics and compliance in Azerbaijan” conference was held with the support of Kapital Bank
Kapital Bank has become an official partner of the first conference held on December 6 with the organizational support of AmCham.
Kapital Bank has become an official partner of the first conference “Ethics and compliance in Azerbaijan” held on December 6 with the organizational support of the Chamber of Commerce of America in Azerbaijan (AmCham).
The event was also attended by President of AmCham Nuran Karimov and Executive Director Natavan Mammadova, Deputy Chairman of the State Committee on Standardization, Metrology and Patents of Azerbaijan Republic Niyazi Rahimov, Prosecutor of Organizational and Information Support Department of Anti-Corruption under Prosecutor General’s Office of the Republic of Azerbaijan Elnur Humbatov and other authorities.
The representative of Kapital Bank Kamil Latifov also spoke at the conference. Speaking about the importance of establishing and strengthening the compliance system in financial and non-financial institutions, particularly in banks, he noted the strengthening and development in the field of compliance throughout the country in recent years and strengthening of control by the Chamber for Control of Financial Markets in this area. He also noted that Kapital Bank has established a compliance system in accordance with the standards set by international organizations (FATF, MONEYVAL, etc.).
The guests who made speeches during the conference noted the importance of compliance with relevant laws, rules and principles of ethical business conduct in business practices in Azerbaijan and the importance of developing a compliance culture in the country’s business communities.
Kapital Bank, having the biggest branch network in Azerbaijan, is at the service of customers with 92 branches and 7 departments. For more detailed information about the Bank’s products and services, please refer to www.kapitalbank.az website, 196 Call Centre or the Bank’s various social network pages.