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Georgian National Bank not to regulate securities market

Business Materials 17 April 2013 20:43 (UTC +04:00)

Georgia, Tbilisi, April 17 / Trend, N. Kirtzkhalia /

The Georgian National Bank will not regulate the securities market. According to the Georgian National Bank, a new independent regulatory body - the National Commission on Securities is being established in the country.

The relevant bill has already been submitted to the Georgian Parliament. The amendments will be made to a number of bills, including the laws on "Securities", "Georgian National Bank", "Activities of commercial banks" and others.

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