Following the meeting on the 21st of October, 2014, the foregoing resolutions and decisions have been adopted:
- Establishment of Dispute resolution committee
- Regarding the approval of “Instructions for approving and registering the rules and regulation of the Self-regulatory organization and regulatory organizations of the securities market”
According to the revised Securities market law, approved on the 1st of January, 2014, the securities registration is regulated in two ways; central and segregated registration. In the securities market, the centralized securities register shall be maintained by a legal entity having a license to act as a centralized securities depository. Whereas, a legal entity licensed to maintain a segregated securities register must be a member of the centralized securities depository or in this case, a custodian.