CBA CANCELS INSURANCE BROKERAGE LICENCES OF TWO COMPANIES<br />


CBA CANCELS INSURANCE BROKERAGE LICENCES OF TWO COMPANIES

  • 09-04-2008 18:00:00   | Armenia  |  Economy
YEREVAN, APRIL 9, NOYAN TAPAN. At the April 8 sitting, the Central Bank of Armenia (CBA) Board approved the following documents: the regulation on the requirements for activities of persons providing investment services, the accounting plan of investment companies, the directives on the use of accounting plan of investment companies, the accounting order of future agreements signed in international market by the CBA, and the report on execution of the 2007, 4th quarterly program and the 2007 annual program of the CBA's estimate of expenditures and capital investments. According to the CBA press service, the Board decided to make changes in the CBA's 2008 annual program of estimate of expeditures and capital investments, as well as to make amendments in the guide "The Accounting Rules of the CBA". An addition was made to the program on issue of commemorative coins in the RA in 2008-2008. By the Board's decision, amendments and additions were made to the accounting plan of banks operating in the territory of the RA, the directives on the use of accounting plan of banks operating in the territory of the RA, the accounting plan of credit institutions operating in the territory of the RA, and the directives on the use of the accounting plan of credit institutions operating in the territory of the RA. The CBA Board decided to cancel the insurance brokerage licences of Mitra LLC and Avangard Insurance Brokers LLC. Besides, the CBA Board approved the designs of the commemorative coins "Bezoar Goat" and "Caucasian Owl" of the Caucasian Animal World international program, the designs and technical standards of gold commemorative coins to be issued under the Zodiacal Signs international program in 2008-2009, as well the terms of putting these commemorative coins in circulation and their description.
  -   Economy