2025-07-15 | 8703The Board of the Central Bank of the Republic of Armenia issued Resolution No. 117 A on July 15, 2025, to formally register the Rules of CCI Development, a Non-Public, Closed-End, Contractual Investment Fund managed by CCI-FRAM Management LLC. This regulatory action was taken following applications submitted by the management company on May 22 and June 12, 2025, and subsequent review by the Licensing and Supervision Committee. The resolution becomes effective upon registration with the management company or delivery to its authorized representative, thereby authorizing the fund's operational framework under Armenian financial law.