Regulatory Alerts2018-02-20 | 33/04Order on Approval of Rules for Recognition of Financial Instruments Trading System as an Organized Market
The National Bank of Georgia issued Order N 33/04 to approve the rules governing the recognition of financial instruments trading systems as organized markets. The regulation establishes specific criteria for applicant governance, operational policies, and issuer disclosure requirements to ensure market integrity and investor protection. It grants the central bank authority to supervise compliance, enforce corrective measures, and revoke recognition status if standards are not met.
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