The memorandum of understanding between Agency of the Republic of Kazakhstan on regulation and supervision of the financial market and the financial organizations and the Commission on securities of the Republic of Lithuania concerning exchange of information
of October 26, 2009
Agency of the Republic of Kazakhstan on regulation and supervision of the financial market and the financial organizations (further - the Agency) and the Commission on securities of the Republic of Lithuania (further - the Commission), the hereinafter referred to as Parties, recognizing the increasing international activity in the field of the financial market, and also the equivalent need for implementation of cooperation between the relevant authorized bodies, agreed as follows.
1. Agency of the Republic of Kazakhstan on regulation and supervision of the financial market and the financial organizations - the authorized body exercising state regulation and supervision of the financial market and the financial organizations, including regulation and supervision of activities of subjects of the security market.
2. The commission on securities of the Republic of Lithuania - the supervisory authority performing regulation in the field of the security market in the Republic of Lithuania. The commission has powers on implementation of regulation behind observance of rules of fair competition by financial instruments and on taking measures for implementation of effective functioning of the security market and protection of interests of investors. During implementation of the purposes stated above the Commission has powers according to the conclusion of agreements with kontragentamiinostranny authorized bodies concerning cooperation and exchange of information.
1. For the purposes of this Memorandum the following basic concepts are used:
1) the required Party - the Party requested about rendering assistance and rendering such assistance according to provisions of this Memorandum;
2) the requesting Party - the Party sending inquiry for rendering assistance and receiving such assistance according to provisions of this Memorandum;
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system
If you cannot find the required document, or you do not know where to begin, go to Help section.
In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.
You also may open the section Frequently asked questions. This section provides answers to questions set by users.