Regulatory Alerts2025-11-25 | 9249Clarification on Remote Participation by Foreign Participants in the Regulated Securities Market
The Board of the Central Bank of the Republic of Armenia clarifies that foreign investment service providers may participate in the regulated securities market without a local license if they do not serve Armenian residents. This remote participation is permitted only if the provider's home supervisory authority has signed the IOSCO Multilateral Memorandum of Understanding and the local exchange implements robust risk management and supervision mechanisms. The exchange operator retains responsibility for monitoring compliance with Armenian legislation and reporting any violations to the Central Bank.
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