Regulatory Alerts2025-04-08 | 8223Registering Changes to the Rules of NorkCap 1 Investment Fund
The Central Bank of the Republic of Armenia issued Board Resolution No. 56 A on April 8, 2025, to register amendments to the governing rules of the NorkCap 1 investment fund. This action responds to a formal application submitted by NorkCap Securities Limited Liability Company on February 28, 2025, seeking regulatory approval for the proposed changes. The resolution, enacted following a positive conclusion from the Licensing and Supervision Committee, enters into force immediately upon adoption.
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Registering the Changes to the Rules of the “NorkCap 1”, a Non-Public, Private Equity, Non-Diversified, Closed-End Contractual Investment Fund of “NorkCap Securities”, a Limited Liability Company
2025-04-08
THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA
BOARD RESOLUTION
April 8, 2025 ; No.
56 A
Registering the Changes to the Rules of the “NorkCap 1”, a Non-Public, Private Equity, Non-Diversified, Closed-End Contractual Investment Fund of “NorkCap Securities”, a Limited Liability Company
Pursuant to Article 2 (3) and Article 20 (“ki”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”, and Article 24 (4) of the Republic of Armenia Law “On Investment Funds”; Whereas on February 28, 2025 “NorkCap Securities” Limited Liability Company applied to the Central Bank of the Republic of Armenia with a request to register the changes to the Rules of the “NorkCap 1”, a Non-Public, Private Equity, Non-Diversified, Closed-End Contractual Investment Fund of “NorkCap Securities”, a Limited Liability Company; In view of the conclusion issued by the Licensing and Supervision Committee of the Central Bank of the Republic of Armenia (Minutes No. 13, dated March 19, 2025), the Board of the Central Bank of the Republic of Armenia
E n a c t s:
Register the changes to the Rules of the “NorkCap 1”, a Non-Public, Private Equity, Non-Diversified, Closed-End Contractual Investment Fund of “NorkCap Securities”, a Limited Liability Company.
This resolution to enter into force upon its adoption.
Martin Galstyan
Governor,
Central Bank of the Republic of Armenia
Yerevan
.