The World Forum of CSDs Conference (WFC2015) will be held in Cancun, Mexico, from 19 – 22 May 2015. Indeval, the national depository of Mexico, in conjunction with the American Central Securities Depositories Association (ACSDA), are the organisers of the event. This conference will be the 13th of an ongoing series of biennial gatherings held throughout the globe – from Paris in 1991 to Saint Petersburg in 2013. The three-day agenda is filled with exciting and informative keynote addresses from prominent speakers within the CSD community.
Following the FRC Chairman’s Order №335 of 26th of November, 2014 a working group to transfer the clients of the companies whose licenses to run regulated activities in the securities market were invalidated to the companies who have valid licenses. This transfer shall be based on competitive selection.
This year marks the 20th anniversary of the foundation of the regulatory organization in Mongolia. Within the anniversary framework, FRC organized the premier “General Meeting of the financial sector” on the 20th of November, 2014.
This General Meeting has gathered over 170 professionals of the sector and held a round of discussions concerning securities, insurance and micro-finance and produced proposals.
Subsequent issues have been decided following the FRC Meeting of November 5th of 2014:
- Regarding the approval of mediation license to buy and sell of the securities in foreign securities market for “Ard Capital Group” LLC
- Regarding the delisting of the certain legal entities to provide legal consultations for securities market participants
- Regarding the registration of the “Umguulliin Odgerel and Partners” LLC as a legal consultation entity for the securities market participants
CLICK HERE to see the “Percentage of the trade volume of foreign and domestic investors” from 1st of October, 2014 to the 31st of October,2014.