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.