Regulatory Alerts2025-07-23 | 8747Suspending the 30-Day Review Period for License Modification Application by Exchange Office Smbat Aslanyan
The Board of the Central Bank of the Republic of Armenia issued Resolution No. 120 A to suspend the statutory 30-day review period for an application by the Exchange Office “Smbat Aslanyan” P/E to modify its Foreign Currency Trading Activity License No. 329. This suspension is intended to allow regulators time to clarify specific facts and circumstances surrounding the application, which was submitted on June 24, 2025. The decision follows a recent resolution declaring the entity's license null and void, though that prior decision had not yet become irrevocable at the time of this new measure.
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