On October 16, 2025, a seminar was conducted at the head office of “Trustbank” private joint-stock bank by the Department of roreign economic activity and Currency Operations of the financial institution. Officials from this department and personnel responsible for this area in regional branches participated in the event.
The seminar discussed issues related to transitioning to the “ISO 20022” standard, as well as the topic of hedging commodity risks. For reference, “ISO 20022” is an international standard that establishes uniform rules and formats for electronic messaging between financial institutions for payments and other transactions.
Additionally, the seminar addressed matters pertaining to the Department and its subdivisions, including recent amendments to regulatory legal acts.
Furthermore, experts provided comprehensive answers to questions raised by the participants.
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