{"id":126496,"date":"2020-01-23T14:44:56","date_gmt":"2020-01-23T14:44:56","guid":{"rendered":"https:\/\/armbanks.am\/2020\/01\/23\/249050\/"},"modified":"2024-12-15T13:39:59","modified_gmt":"2024-12-15T13:39:59","slug":"armenia-to-abolish-forex-dealers-license","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2020\/01\/23\/126496\/","title":{"rendered":"Armenia to abolish forex dealers&#8217; license"},"content":{"rendered":"\n<p><strong>YEREVAN, January 23. \/ARKA\/. <\/strong>Armenia&#8217;s National Assembly has approved today in the first reading a package of bills to amend the Law on Licensing, as well as several related laws. The bills abolish the requirement that foreign exchange dealers and brokers must be licensed.<\/p>\n\n\n\n<p>\u201cOur economy is sensitive to currency fluctuations, and international experience indicates the need for tight regulation. There are also cases of abuse, and there are problems with protecting consumers&#8217; rights,\u201dsaid Deputy Chairman of the Central Bank Nerses Yeritsyan, when presenting the bills.<\/p>\n\n\n\n<p>\u201cHistorically, these licenses were used by entities carrying out transactions on the exchange when there was not yet a relevant legislation,\u201d he said. \u20140\u2014<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia&#8217;s National Assembly has approved today in the first reading a package of bills to amend the Law on Licensing, as well as several related laws<\/p>\n","protected":false},"author":1,"featured_media":193576,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[15837,12688,12791,15076,15877,13550],"class_list":{"0":"post-126496","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy-en","8":"category-news","9":"tag-armenia-2","10":"tag-armenia-analyst-inflation","11":"tag-currency-market","12":"tag-dealers","13":"tag-forex-2","14":"tag-license"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/126496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=126496"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/126496\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/193576"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=126496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=126496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=126496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}