The Central Bank of Azerbaijan wants to tighten corporate governance rules for the country's banks. The announcement is short and stops at the intention, without a published draft or a timeline. Governance rules of this kind usually spell out what bank boards must supervise and how internal control is organized. Weak board oversight has been behind many bank failures worldwide, which is why regulators keep returning to the topic. For Azerbaijan, the measures would aim at protecting depositors and reducing surprise losses in the sector. Banks will want to know whether the rules apply to everyone at once or come with transition periods. That detail, along with the final text, should appear once the central bank moves the plan forward.