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Supporting Capital Market Development and Reform in Developing Asia

Country Assessment Report for Azerbaijan

Asian Development Bank

$64.95   $55.08

Paperback

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English
Asian Development Bank
27 April 2026
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.
By:  
Imprint:   Asian Development Bank
Dimensions:   Height: 279mm,  Width: 216mm,  Spine: 4mm
Weight:   181g
ISBN:   9789292777678
ISBN 10:   929277767X
Pages:   50
Publication Date:  
Audience:   General/trade ,  ELT Advanced
Format:   Paperback
Publisher's Status:   Active

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