Regulatory Alerts2025-08-08
Ordinance No. 22 of 29.07.2005 on the Conditions and Procedure for Registration and Deregistration of Public Companies, Other Securities Issuers and Securities Issues in the Register of the Financial Supervision Commission
The Financial Supervision Commission issued Ordinance No. 22 to establish the specific conditions and procedures for registering and deregistering public companies, securities issuers, and securities issues in its official register. The regulation mandates that entities must meet criteria such as having an approved prospectus or satisfying specific capital and shareholder thresholds to be entered into the register as public companies or issuers. It further details the documentation requirements, application timelines, and grounds for deregistration, including insolvency or liquidation.
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