Regulatory Advisory and Compliance

• Providing advice on interactions with control and supervision authorities
• Conducting regulatory due diligence projects and developing measures to mitigate identified risks
• Assisting with inspections by control and supervision authorities and representing clients in court proceedings
• Drafting corporate governance rules, policies, and regulations, as well as responsibility distribution frameworks (RACI matrix)
• Offering consulting on the application of administrative legislation in various areas
• Assisting with obtaining and renewing licenses and permits
• Conducting normative and expert activities, organizing seminars, and providing information services
• Providing legal consulting on procurement legislation

In delivering our services, we ensure comprehensive support by involving experts from other KPMG practices, including strategic and operational consulting, technology, forensic, and more. This integrated approach allows us to provide holistic solutions that address both legal and business aspects, ensuring our clients' regulatory compliance and mitigating risks effectively.

While there is a moratorium for state inspections in Azerbaijan (from 2015 until 2023), companies are strongly advised to have internal policies and documentation in line with mandatory provisions of applicable laws. KPMG in Azerbaijan has supported its clients with compliance services, including analysis of internal procurement policies, drafting internal policies (including procurement policies and conflict of interest policies), obtaining licenses and permits in various areas of activity, HR compliance, etc.