Regulatory Alerts2025-06-20 | 09/21/2442/К03Added · Updated
Decision on Approving Amendments to the Procedure for Coordinating Persons Appointed to Key Positions
The National Commission for Securities and Stock Market approves amendments to the Procedure for Coordinating Persons Appointed to Key Positions, updating definitions for internal control officers and introducing a new category for persons with first-signature rights. The amendments mandate that professional participants submit approval applications within 10 working days of appointment, specify electronic submission requirements via the CIS personal account, and establish a 30-working-day review period for the Commission. Additionally, the document clarifies procedures for temporary acting heads, imposes citizenship restrictions excluding Russian and Belarusian nationals, and sets a 30-day deadline for removing individuals whose appointment is denied.
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