The State Securities Committee approved the Rules of conducting the state register of securities, which came into force on February 12.
According to this document (http://goo.gl/1uiN6Q), the registry is arranged by the SSC and is its information resource. It is formed, maintained and used, based on the software "electronic state register of securities."
The register is replenished with securities and their additional issues and corrected with securities liquidation.
The following information is recorded in the registry:
- Issuers and prospectuses;
- Issue of shares and bonds;
- Registration bills, mortgage, mortgage-backed securities;
- Registration of real estate certificates issues;
- Depositary receipts.
According to the law "On the Securities Market", data made in the state register should be open to the public.
Note that the SSC still does not publish data from the state register of securities. -----08D
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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