CBA BOARD REGISTERS DECLARATION ON REGISTRATION OF
SECURITIES INCLUDING OFFER OF BONDS BY ELITE GROUP COMPANY
29-01-2008 19:00:00 | Armenia | Economy
YEREVAN, JANUARY 29, NOYAN TAPAN. At the January 29
sitting, the Central Bank of Armenia (CBA) Board registered the
amendment made in the rules of Central Depositary of Armenia
OJSC, made additions in regulations 16 "Licensing of
Organizations Carrying Out Money Transfers, Registration of
Branches, Regulation of Activities, and Qualification of
Management" and in regulations 17 "Licensing of Organizations
Carrying Out Processing and Clearing of Payment Instruments and
Payment and Settlement Documents, Registration of Branches,
Qualification of Management".
NT was informed by the CBA press service that based on the
CBA Board's decision, Prime Insurance Brokers LLC was
re-licensed, Rennaisance LLC was granted a licence for dealer
and brokerage sale and purchase of foreign currencies, Astvan
LLC' licence for brokerage services was cancelled, and the
licence for nonlife insurance granted to First Insuring LLC on
November 3, 1997, was recognized as invalid.
Besides, the CBA Board made a decision to register the
declration on registration of securities including an offer of
bonds by Elite Group CJSC.