«Securities» indicators a memorandum of understanding with the Tajik Securities Group

At the moment, the Securities and Commodities Authority introduced {that a} memorandum of understanding was signed with the Securities and Particular Registration Group on the Ministry of Finance of the Republic of Tajikistan, throughout the framework of strengthening worldwide cooperation within the subject of supervision and management and enhance the transparency and effectivity of the monetary markets on all sides.

The memorandum was signed on the headquarters of the Securities and Commodities Authority in Abu Dhabi by Her Excellency Dr. Maryam Butti Al Suwaidi, Head of the Authority, and Her Excellency Abdul Rakhmanzoda Nigina Shukrat, Director of the Securities and Commodities Group on the Ministry of Finance of the Republic of Tajikistan , within the presence of His Excellency Bahadur Sharifi – Ambassador of the Republic of Tajikistan to the nation, and several other leaders and officers on each side.

Her Excellency, Dr. Maryam Butti Al Suwaidi, Head of the Authority, stated: “The signing of this memorandum represents an necessary step in direction of strengthening cooperative relations with the Republic of Tajikistan, which displays our need to open the horizon for worldwide motion in lots of fields, together with analysis and research, and ensure our dedication to realize widespread objectives geared toward attaining Constructing a protected and secure funding setting that may profit traders and speed up financial improvement in each international locations.”

For her half, Abdul Rakhmanzoda Nigina Shukrat, Director of the Company within the Republic of Tajikistan, stated, “The Securities and Commodities Authority within the United Arab Emirates and the Securities and Registration Company within the Republic of Tajikistan made an important effort to signal this. an necessary doc, and we hope to see extra cooperation that may come again.” “It is going to profit each of us in growing the capital markets in each international locations.”

Underneath the memorandum, the 2 events will work to coordinate the implementation of the legal guidelines and rules that apply to joint listed firms within the monetary markets in accordance with the rules.

It additionally permits for the dealing with of investor complaints and stories associated to fraudulent and unauthorized entities, and the coordination of investigations into violations associated to transactions within the securities markets, and the violation practices of economic providers firms, as effectively has been implementing joint coaching packages with the staff. goals to extend the effectivity of licensed individuals and be certain that they’ve skilled certification, which ensures the integrity… Actions and efficiency effectivity.