OREANDA-NEWS. On June 25, 2007 the workshop on the topic of the “Capital Markets” considered for the bank system and other financial organizations started in the National Bank, reported the press-centre of National Bank of Azerbaijan.

It will continue by June 28, 2007. The workshop has been held by Dr. Philip Mac lot who has great theoretical and practical experience in this field and works as a General portfolio Manager in the “Europe Private Bank of Edmond de Rothschild” of Belgium.

The workshop is held as a conclusion of the negotiations held between the Transfer Agency of Financial Technologies of Luxembourg “TAFT“ and the National Bank in 2006, to create cooperation and supply technical assistance in various fields. We should mention that TAFT has chosen the National Bank as a partner in Azerbaijan has planned to hold five workshops during 2007 on the topics of “Prevention of dirty money laundering”, “Capital Markets”, “European Monetary System”, “Risk Management” and “Basel II”.

The first workshop on this purpose was held by professor Roger Claessens, the Agency expert, in May 30-June 1, 2007 on the topic of “Prevention of cleaning dirty money” and about representatives from the National Bank and other commercial banks participated in this workshop. Measures are still taken within the framework of the mentioned collaboration.