Regulatory Alerts2025-08-05
Law of the Republic of Azerbaijan on Securities Market
The Republic of Azerbaijan enacted this legislation to establish the comprehensive legal framework for securities market operations, designating the Central Bank as the primary regulatory and supervisory authority. The law mandates standardized state registration, prospectus approval, and transparent public offering procedures for investment securities and derivative instruments issued by corporations, government bodies, and international organizations. It defines key market participants, establishes strict eligibility requirements for licensed entities, and outlines the operational standards for depositories, stock exchanges, and clearing systems to ensure robust investor protection and market stability.
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