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Council on Securities Markets Regulators in CIS Countries Accepts Azerbaijan’s Recommendations

Business Materials 11 November 2008 16:03 (UTC +04:00)

Azerbaijan, Baku, 11 November / corr Trend U.Ismayilova / The state committee on securities under President of Azerbaijan submitted Recommendations on Approach to licensing professional participants of securities market and Recommendations on principle of control over securities market at 8th sitting of the Council of Steering state agencies, which regulate the securities markets of the CIS countries.

The Council of steering state agencies regulating the securities markets of the CIS countries accepted the recommendations of Azerbaijan. 

The meeting made decisions on cooperation of state agencies regulating the securities markets of the CIS countries.

Members of the Council - Ukraine, Moldova, Kyrgyzstan, Russia, Kazakhstan, Azerbaijan, Belarus, Tajikistan and Armenia took part in the sitting. These countries presented information on current state of their securities markets.

The 8th meeting of the Council of steering agencies regulating the securities markets of the CIS countries was held in Almaty on 5-6 November.

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