RA Securities Commission Becomes IOSCO Full Member

RA SECURITIES COMMISSION BECOMES IOSCO FULL MEMBER

YEREVAN, APRIL 6, NOYAN TAPAN. According to the decision made at the
April 5 sitting of the Committee of Chairmen of IOSCO (International
Organization of Securities Commissions) in Sri Lanka, the RA Securities
Commission has become a full member of this organization. NT was
informed from the RA Securities Commission that this will enable
Armenia to establish international cooperation in the securities and
financial markets and exchange the respective information. It was
noted that the Armenian commission submitted to IOSCO the official
application for membership as far back as 2003. For this purpose,
certain amendments and additions were made to the RA Law on Securities
Market Regulation last year.