Regulatory Alerts2018-09-18 | 206/04Order Approving the Rule of Production of Securities Register
The President of the National Bank of Georgia issued Order N206/04 to approve the new Rule of Production of Securities Register, replacing the previous 2008 regulation. The rule establishes comprehensive requirements for licensed registrars and issuers regarding the maintenance, security, and data integrity of dematerialized securities registers. It defines specific obligations for account opening, identification of beneficial owners, record-keeping, and the handling of corporate operations and transfers.
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