The draft law "On the Securities Market" was held in coordination with government agencies and sent to the next stage of the domestic procedure.
As noted in the report on the activities of the State Committee for Securities in the first half of 2013, in parallel with this law a bill on changes to the section of the Civil Code was prepared, which regulates the relationship on the securities market. The work began on the 36 regulations arising from the draft law "On the Securities Market". These documents will be held by international experts. The work is supported by the specialists of the project "Modernization of the capital markets."
Contrary to the requirements of Art. 9.1.3 of the Constitutional Law of Azerbaijan "On Normative Legal Acts", the law "On securities market" is not made public for information resources no regulatory authority.
Earlier, the head of the SSC noted that adoption of the Law "On the Securities Market" is expected by the end of this year. - 08D-
Economics
-
The Green Climate Fund (GCF), an operating entity of the financial mechanism of the UN Framework Convention on Climate Change (UNFCCC) and the body responsible for implementing the Paris Agreement, has included Azerbaijan for the first time in its list of countries eligible for funding.
-
The International Telecommunication Union (ITU), the Permanent Mission of the Republic of Azerbaijan to the UN Office in Geneva and the Ministry of Digital Development and Transport organized for the heads of about 30 diplomatic missions accredited in Geneva a special briefing on the initiative "Green Digital Action", which will be presented during COP29 in November in Baku, the Ministry of Digital Development and Transport of Azerbaijan reported.
-
As a member of the International Renewable Energy Agency (IRENA) Council, Azerbaijan participated in the 28th meeting of this Council in Abu Dhabi (UAE).
-
Azerbaijan’s imports of animal and vegetable fats and oils climbed 23.9% by weight and 16.2% by value from January to September 2024, official data revealed. Despite the uptick in volume, the import cost of these products saw a decrease compared to the same period last year, with the cost per ton of vegetable oil falling by 6.1% to $1,199.6 in 2024, down from $1,278.6 in 2023.
Leave a review