The Azerbaijani Risk Professionals Association (ARPA) and the International Finance Corporation (IFC) have entered an agreement, Trend News Agency reports. The firms will develop two products, risk management methodology and risk management portal.
The first product envisages ARPA specialists’ training and adoption of the IFC methodology, while the risk management portal will contain all the information on international standards, domestic legislation, literature and analytics in the field of risk management. The association aims to help reduce risks in the financial sector of Azerbaijan through the launch.
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