New requirements of the law "On securities market" approved by the President on July 14 have come into force. According to them, before being transferred to the book-entry form handling a large packet of documentary securities is suspended, the State Securities Committee (SSC) stated.
The decision applies to shares and bonds of the following issuers:
* Muganbank;
* Wembley Developments (Azerbaijan);
* Bank BTBi;
* International Bank of Azerbaijan;
* Bashak-InamS?gorta;
* Capital Bank;
* Credo Bank;
* Access Bank;
* AzEl;
* AgroFina;
* Lukoil-Azerbaijan;
* Londongate (Azerbaijan) Insurance Co;
* Torgovyy Dom Ural;
* Consulting Service;
* Debut;
* Alkaros Motors AB;
* Amrah Sigorta.
SSC made this decision in connection with the ban contained in the Law on the documentary form of issuance and circulation of investment shares and bonds. According to the document, from January 1, 2016 all the securities are to be converted into book-entry form. --17D-
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