Regulatory Alerts2021-05-17
Regulations on Maintaining a State Register of Securities
The State Committee for Securities of the Republic of Azerbaijan issued Resolution No. 13-q to standardize procedures for maintaining a state register of securities through electronic software. The regulations mandate the systematic recording of issuer details, security classifications, registration dates, and identification codes for shares, bonds, promissory notes, and various certificates. Upon successful state registration, issuers receive official register extracts to verify their securities' circulation status and fulfill reporting obligations.
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