{"id":149801,"date":"2023-07-24T14:08:52","date_gmt":"2023-07-24T14:08:52","guid":{"rendered":"https:\/\/armbanks.am\/2023\/07\/24\/251003\/"},"modified":"2024-12-15T13:51:53","modified_gmt":"2024-12-15T13:51:53","slug":"armenian-central-bank-initiates-amendments-to-law-on-investment-funds","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2023\/07\/24\/149801\/","title":{"rendered":"Armenian Central Bank initiates amendments to law \u00a0on investment funds"},"content":{"rendered":"\n<p><strong>YEREVAN, July 24. \/ARKA\/. <\/strong>The Central Bank of Armenia has designed a set of amendments to the law &#8220;On Investment Funds&#8221; and a number of related laws, the regulator said today.<\/p>\n\n\n\n<p>It said the main purpose of the amendments is to introduce regulatory mechanisms to offset possible risks arising along with the development of this sector.<\/p>\n\n\n\n<p>According to the regulator&#8217;s press service, the legislative amendments also introduce provisions regulating exchange traded funds, the absence of which hinders the creation and development of these funds.<\/p>\n\n\n\n<p>The key provisions of the changes are as follows:<\/p>\n\n\n\n<p>&#8211; Central Bank authorization will be required to manage non-public funds;<\/p>\n\n\n\n<p>&#8211; All those provisions that will also apply to non-public funds will be specified, including the procedure for establishing the fund and registering the rules, the content of the fund&#8217;s charter , and the provisions of the fund&#8217;s bankruptcy procedures;<\/p>\n\n\n\n<p>-The Central Bank will be authorized to set requirements for the activities of non-public funds and their managers by approving regulations. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Armenia has designed a set of amendments to the law &#8220;On Investment Funds&#8221; and a number of related laws, the regulator said today<\/p>\n","protected":false},"author":1,"featured_media":157156,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[],"class_list":{"0":"post-149801","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/149801","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=149801"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/149801\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/157156"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=149801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=149801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=149801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}