Heads of CIS securities market regulatory bodies to meet in Yerevan
20.05.2009,
02:37
The CIS Council of the Heads of government agencies in charge of the securities markets is to open its 9th meeting in Yerevan on May 19.
YEREVAN, May 19. /ARKA/. The CIS Council of the Heads of government agencies in charge of the securities markets is to open its 9th meeting in Yerevan on May 19.
The press service of the Central Bank of Armenia (CBA) reports that the Council is to discuss the situation on the CIS securities markets, implementation of the Council’s previous recommendations and issues of tempering the negative impact of the global financial crisis.
The participants in the meeting will consider a comparative analysis of laws of the CIS member-states regulating the collective investment sectors, as well as the international experience in preventing machinations and illegal use of insider information.
The Council was formed by the CIS Heads of Government in 2003. At present the Council includes representatives of Azerbaijan, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan and Ukraine. The primary task of the Council is economic integration of the CIS member-states in the securities market, ensure cooperation in forming international standards of securities market management, create conditions for further liberalization of capital flow in the CIS member-states, ensure effective protection of investors’ rights and effective supervision over the securities market. –0--
The press service of the Central Bank of Armenia (CBA) reports that the Council is to discuss the situation on the CIS securities markets, implementation of the Council’s previous recommendations and issues of tempering the negative impact of the global financial crisis.
The participants in the meeting will consider a comparative analysis of laws of the CIS member-states regulating the collective investment sectors, as well as the international experience in preventing machinations and illegal use of insider information.
The Council was formed by the CIS Heads of Government in 2003. At present the Council includes representatives of Azerbaijan, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan and Ukraine. The primary task of the Council is economic integration of the CIS member-states in the securities market, ensure cooperation in forming international standards of securities market management, create conditions for further liberalization of capital flow in the CIS member-states, ensure effective protection of investors’ rights and effective supervision over the securities market. –0--