ORDER OF THE GOVERNMENT OF THE KYRGYZ REPUBLIC

of May 13, 2011 No. 214

About approval of the Regulations on requirements imposed to activities of stock exchanges in the security market

According to the laws of the Kyrgyz Republic "About regulatory legal acts of the Kyrgyz Republic" and "About the security market" the Government of the Kyrgyz Republic decides:

1. Approve the enclosed Regulations on requirements imposed to activities of stock exchanges in the security market.

2. This Resolution becomes effective since January 1, 2011.

3. Publish this Resolution in official mass media.

4. To impose control of execution of this Resolution on Public service of regulation and supervision of the financial market under the Government of the Kyrgyz Republic.

Approved by the Order of the Government of the Kyrgyz Republic of May 13, 2011 No. 214

Regulations on requirements imposed to activities of stock exchanges in the security market

1. General provisions

1. This Provision is developed according to the Civil code of the Kyrgyz Republic, the laws of the Kyrgyz Republic "About joint-stock companies", "About the security market", "About licensing" and establishes the mandatory requirements imposed to activities of stock exchange in the security market of the Kyrgyz Republic.

2. Activities of stock exchange in the security market are subject to licensing. The procedure for licensing of activities of stock exchanges is determined by the legislation of the Kyrgyz Republic on licensing.

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