The State Committee for Securities on Friday hosted a seminar on the use of electronic registration of investment securities.
According to the press service of the SSC, at today's seminar was attended by about 70 representatives of banks, insurance companies and SOCAR, the State Oil Fund of Azerbaijan Investment Company , professional participants of the securities market .
In Azerbaijan, issuers and brokers still use the paper form of documentation, though SCS introduced many electronic services to supervise the securities market since the end of 2012 . Professional market participants argue that these services are used only they and issuers remain on the sidelines. SCS has not engaged enlightenment about the new opportunities for reporting and recording of the Central Bank.
It should be noted that the Central Bank is working with the SSC registration for 1.5 years. - 08D-
Economics
-
Azerbaijani state power company Azerenerji, SOCAR Trading, and Italy's Ansaldo Energia have signed a trilateral agreement on carbon credits, Azerenerji announced on Friday.
-
The SOCAR-UNIPER joint venture inaugurated a 65 MW steam generator unit at the "Ethylene-Polyethylene" plant on Friday as part of activities held during COP 29. The project, aimed at boosting energy efficiency, is a significant milestone for the joint efforts of SOCAR and UNIPER in Azerbaijan’s chemical industry.
-
French energy giant TotalEnergies is considering participation in solar and wind power projects in the Nakhchivan Autonomous Republic of Azerbaijan, a move discussed during talks in Baku on November 15 between TotalEnergies CEO Patrick Pouyanné and Azerbaijani government officials.
-
Azerbaijan's Ministry of Energy, China Energy Overseas Investment Co. Ltd., and SOCAR Green LLC have signed an agreement to implement a 160 MW solar power project in the Fizuli district, Economy Minister Mikayil Jabbarov announced on social media on Wednesday.
Leave a review