Monday July 11 2016

News Source: Global Exchanges

Focus: Trading Rules

Type: General

Country: Azerbaijan

Link: http://abc.az/eng/news/97121.html




Azerbaijan has changed the procedure for opening of depository accounts and access to other depository services. 

The National Depository Center (NDC) has issued a statement confirming that its Supervisory Board has approved the new rules on the opening, closing and management of accounts in the depository system. 

The NDC further states that, “In accord with the new rules, for opening, closing, and management of the account it is necessary to apply not to the NDC but to investment companies which will perform the functions of the NDC office” 

Click on the link above for further details