LEGAL ACTS
Activities of Organization are regulated by the laws of RA, other normative legal acts, as well as local regulation.
Laws and Codes
- RA Law on Civil Code of the Republic of Armenia
- RA Law on Banks and Banking,
- RA Law on Attraction of Bank Deposits
- RA Law on Guaranteeing the remuneration of bank deposits of physical entities
- RA Law on Bank Secrecy
- RA Law on Currency regulation and currency control
- RA Law on Transfer of funds by payment orders
- RA Law on Electronic document and electronic signature
- RA Law on Profit tax
- RA Law on Income tax
- RA Law on Consumer crediting
- RA Law on Financial System Mediator
- RA Law on Combating money laundering and terrorism financing
- CBA Decision on the “Order on submitting signatures sample cards to the taxation bodies upon opening bank accounts at the banks operating in the territory of RA”, 11.12.2001, N-319
- CBA Decision on the “Order on conducting transfers by periodic payment orders in the RA”, 1.02.2000, N-18
- CBA Decree on approving the “Order on issuing, servicing and circulation of cheques within RA”, 24.058.2005, N-238
- RA Government decision approving the “Order on setting requirements for documents substantiating the expenses and preparation of these documents”, 25.08.1998, N-525
- Currency regulation and control in the Republic of Armenia
Regulations
- Regulation 1 on Registration and Licensing of Banks and Branches of Foreign Banks, Registration of Bank Branches and Representative offices, qualification and registration of managers of banks and branches of foreign banks
- Regulation 2 on “Regulation of banking, prudential standards for banking”
- Regulation 3 on Bank Reports, the Submission and Publication Thereof
- Regulation 7 on Formation of Temporary Administration at Insolvent Banks and Credit Organizations; Reporting by Head of Temporary Administration
- Regulation 8/01 on Explanations and Examples of the Calculation of Annual Percentage Rate of Charge
- Regulation 8/02 on the Calculation of Annual Percentage Yield of Bank Deposits
- Regulation 8/03 on Information Publication by Banks, Credit Organizations, Insurance Companies, Insurance Brokers, Investment Companies, Central Depository and Payment and Settlement Organizations Implementing Money Remittances
- Regulation 8/04 on Minimum Conditions and Principles for Internal Rules, Regulating the Procedure of Examination of Complaints/Claims of Customers
- Regulation 8/05 Rules of Business Conduct of Financial Institutions”
- Regulation 8/06 Requirements to procedures and methods of application of rules of business treatment of banks and credit organizations with guarantors
- Regulation 9 on Operations with Cash in Banks Functioning on the Territory of the Republic of Armenia
INTERNAL DOCUMENTS
- “Policy of Compliance with Combating Money Laundering and Terrorist Financing ”
- ''Policy on sanctions compliance''
- Wolfsberg Questionnaire
- US Patriot Act
- ISO/IEC 27001 Information Security Standard Certificate
- W8Ben-E FATCA Status Self-Declaration Form
- Bank's registration certificate
- License of Bank
The above mentioned laws and normative acts can be found at
www.laws.am, www.cba.am, www.parliament.am
Fast Bank is not responsible for the accuracy and reliability of the content of the above mentioned websites. The Bank is not responsible for the possible consequences of using the information posted on other websites.
updated on 17/01/2023, 13։30