The world renown Chambers & Partners organization published the Banking Regulation 2023 Global Practice Guide, where Concern Dialog Law Firm partner, attorney Narine Beglaryan and associate, attorney Lianna Sahakyan authored the chapter about the norms and rules regulating banking activities in Armenia.

The guideline includes the regulations about banks and banking activity, including the creation and licensing of banks, specificities for participation in a bank, norms for banking activity, risk management requirements, corporate management of banks, as well as it includes general references to consumer protection and banking secrecy.

The 2023 Banking Regulation guide features 26 jurisdictions.

Note:

 Chambers & Partners is a world-renowned organization which was founded in 1969 in England. The organization has been ranking the most outstanding law firms and lawyers in over 190 countries throughout the world since 1990.

Each year Chambers & Partners publishes a series of guidelines on legal regulations of the main areas of business in different countries throughout the world (Global Practice Guides) in cooperation with leading lawyers who represent the legal regulations and law enforcement practice in their countries.

 

See the Guide about Armenia: https://bit.ly/3Y3jxkE

This article was originally published in Chambers Banking Regulation 2023 Global Practice Guide. For a full list of jurisdictional Q&As visit https://bit.ly/3GXFo62