The Central Bank of the Republic of Azerbaijan has started accepting applications for participation in the third phase of its special regulatory regime, which allows innovative financial products and services to be tested on a limited basis under the central bank’s supervision. This stage is focused on applications to test fintech products and services. The application window will remain open for two months, with submissions accepted until August 25, 2026. Innovative financial products that meet the regime’s criteria will be eligible to enter testing under a contract with the central bank. The framework is intended to support the development of innovative financial solutions and broaden access to financial services while promoting a more transparent and efficient financial market.
Central Bank of the Republic of Azerbaijan2026-06-25
Central Bank of the Republic of Azerbaijan opens applications for the third phase of its regulatory sandbox until August 25 2026
The Central Bank of the Republic of Azerbaijan has opened applications for the third phase of its regulatory sandbox for innovative fintech products and services. Applications will be accepted until August 25, 2026. Eligible products will be allowed to enter limited testing under the central bank’s supervision through a contract.