Regulatory Alerts2025-08-08 | 15/21/2714/К01Added · Updated
Regulation on Disciplinary Liability of Employees of the National Securities and Stock Market Commission
The National Securities and Stock Market Commission approved a regulation establishing the grounds and procedures for imposing disciplinary sanctions, specifically reprimand and dismissal, on its employees. The document defines 13 categories of labor discipline violations, mandates the formation of a disciplinary commission with specific composition requirements, and sets strict timelines: proceedings must not exceed 25 calendar days, sanctions must be applied within one month of discovery, and the appointing subject must decide within five days of receiving the commission's conclusion. It also repeals the previous Disciplinary Code effective from the date of adoption.
More like this from NSSMC
NSSMC published 2 documents in the last 30 days. We email you each new one the day it's published.