Regulation

Regulators of services provided by the Bank

Dear clients, below is the list of laws and normative legal acts, which the Bank is regulated by while providing its services. 
     The Bank won’t be held liable for accuracy and reliability of information on the linked web-sites, nor does it accept any responsibility for the advertisements therein or possible consequences arising out of use of information. 

  1. Civil code of the Republic of Armenia.
  2. Law of the Republic of Armenia “On the Central Bank of Armenia”.
  3. Law of the Republic of Armenia “On banks and banking”.
  4. Law of the Republic of Armenia "On Bankruptcy of Banks, Credit Organizations, Investment Companies, Investment Fund Managers, and Insurance Companies".
  5. Law of the Republic of Armenia “On bank secrecy”
  6. Law of the Republic of Armenia “On attraction of bank deposits”.
  7. Law of the Republic of Armenia “On securities market”.
  8. Law of the Republic of Armenia “On currency regulation and currency control”.
  9. Law of the Republic of Armenia “On accounting”
  10. Law of the Republic of Armenia “On payment-settlement systems and payment-settlement organizations”.
  11. Law of the Republic of Armenia “On cash collection”
  12. Law of the Republic of Armenia “On implementation of unified system of financial regulation and control”
  13. Law of the Republic of Armenia “On cash operations”
  14. Law of the Republic of Armenia “On public offer”
  15. Law of the Republic of Armenia “On funds transfer by payment order”
  16. Law of the Republic of Armenia “On guarantee of bank deposits of physical entities”
  17. Law of the Republic of Armenia “On combating money laundering and terrorism financing”
  18. Law of the Republic of Armenia “On the financial system mediator”.
  19. Law of the Republic of Armenia “On consumer lending”
  20. Law of the Republic of Armenia “On public offer”
  21. Resolution of the CBA board N 102-Ն as of 16.04.2013 on approval of regulation 4 “Minimum Requirements for Internal Control at Banks”.
  22. Procedure of establishment of creditability database (credit register) of clients of banks, credit organizations and branches of foreign banks operating in Armenia and participation of banks, credit organizations and branches of foreign banks operating in Armenia in the credit register as of March 29, 2005, 142-ն
  23. Resolution of the CBA board N 190-Ն as of 15.07.2014 on approval of Regulation 1 “On Procedures of Licensing, Registration, Giving Consent and Permission, Appraisal of the Professional Adequacy and Qualification in the Banking.
  24. Resolution of the CBA board # 39-ն as of February 09, 2007 “on approval of regulation 2 “on regulation of banking, prudential standards for banking””
  25. Resolution of the CBA board # 50-ն as of February 26, 2008 “on approval of regulation 3 “on bank reporting, submission and publication of reports””
  26. Resolution of the CBA board N 279-Ն as of 07.10.2014 on approval of Regulation "On the Minimum Requirements Set for Financial Institutions in the Field of Combat against Money Laundering and Financing of Terrorism”
  27. Resolution of the CBA board N 39-Ն as of 01.03.2011 on approval of «Procedure on selection of independent auditor by the commercial banks of Armenia”  
  28. Resolution of the CBA board N 40-Ն as of 15.03. 2016on approval of Regulation 9 "On Operations with Cash in Banks Operating on the Territory of the Republic of Armenia"
  29. Resolution of the CBA board N 363-Ն as of 16.12. 2008 on approval of Regulation 8/01 "On Explanations and Examples of the Calculation of the Actual Annual Interest Rate"
  30. Resolution of the CBA board # 165-ն as of June 02, 2009 “on approval of regulation 8/02 “on the calculation of annual percentage yield of bank deposits””
  31. Resolution of the CBA board # 166-ն as of June 02, 2009 “on approval of regulation 8/03 “on information publication by banks, credit organizations, insurance companies, insurance brokers, investment companies, central depositary and payment and settlement organizations implementing money remittances””
  32. Resolution of the CBA board N 255-Ն as of 28.07.2009 on approval of Regulation 8/04 "Minimum Conditions and Principles Regulating the Procedure of Examination of Complaints/Claims of Customers”.
  33. Resolution of the CBA board # 229-ն as of July 28, 2009 “on approval of regulation 8/05 “on the procedure, terms, forms and the minimum requirements for communication between bank and depositor, creditor and consumer””
  34. Resolution of the CBA board N 176-Ն as of 04.08.2017 on approval of  Regulation 8/06 “Requirements to procedures and methods of application of rules of business treatment of banks and credit organizations with guarantors”.

The abovementioned laws and regulations are available at www.arlis.am 

The page was updated 02.06.2018 17:25
Attention: The Bank does not bear any responsibility for the inaccuracy of information on the linked web sites, nor does it accept any responsibility for the advertisements therein or possible consequences arising out of use of information provided on the linked web-sites. In case of any discrepancies in the website materials in Armenian, Russian and English languages, the Armenian version is prevailing.