Legal Acts

• Law of Georgia on Securities Market
• Order N178/04 of President of the National Bank of Georgia "On Approving the List of Recognized Stock Exchanges of Foreign Countries, the Issuer of Securities Admitted to Trading on them, the Rule Related to the Public Offering of Securities in Georgia Issued by International Financial Institutions and Development Organization Created with Equity Participation of a Foreign country"
• Law of Georgia on Investment Funds
• Law of Georgia on Mortgage Covered Bonds
• Law of Georgia On Securitization

LICENSING

• Order N33/01 of the President of the National Bank of Georgia "On the approval of the “Rules for Licensing the Securities Registrar, Submitting Financial Statements, Determining the Minimum Amount of Capital and Terminating the Activities of the Securities Registrar"
• Order N 33/04 of the President of the National Bank of Georgia February 20, 2018 "On the Approval of the Rules for Recognition of the Financial Instruments Trading System as an Organized Market"
• Order N73/04 of the President of the National Bank of Georgia "On Approving the Registration Rule for Requesting, Granting an Identifications Number of Securities, Approved Emission Prospectus and Public Offer"
• Order №145/04  of the President of the National Bank of Georgia "On approval of a rule of licensing and regulating of a brokerage company" annex;

 

 

REQUIREMENTS OF REPORTING ENTITIES

 

• The order №181/04 Of the President of the National Bank of Georgia "On the approval of the rule of transparency of information about the issuer and the appointment of a securities registrar for the issuer"
• Decree N172/04 of the President of the National Bank of Georgia "On approval of Corporate Governance Code for the Issuers of Public Securities"

 

SANCTIONS

• The order N35/04 of the President of the National Bank "On approval of the rules for determining, imposing and enforcing monetary penalties against entities and members of their governing body, for violation of securities legislation, the Law of Georgia "On Accounting, Reporting and Auditing" and the Law of Georgia "On Facilitating of the Prevention of Money Laundering and the Financing of Terrorism"

INVESTMENT FUNDS

• Decree №167/04 of September 22, 2020 of the Governor of the National Bank of Georgia “On the Approval of the Rule on Licensing, Registration, Recognition and Regulation of an Asset Management Company”; annex;

• Decree №168/04 of September 22, 2020 of the Governor of the National Bank of Georgia “On the Approval of the Rule of Activities of the Specialized Depositary”; annex;

• Decree №170/04 of September 22, 2020 of the Governor of the National Bank of Georgia “On the Approval of the Rule on Authorization, Registration, Recognition and Regulation of an Investment Fund”;  annex;

• The order N169/04 Of the President of the National Bank of Georgia "On Approving the Rule for Keeping Registry of Investment Fund Unit owners"
• Order N198/04 Of the President of the National Bank of Georgia "On Approving the Liquidation Rule of the Investment Fund"

 

FUNDED PENSION SCHEME

• Order N 257/04 Of the President of the National Bank of Georgia November 30, 2018 "On Approving the Rule on Additional Requirements for Pension Asset Management"

 

Other

• Order N16/01 of February 19, 2010 of President of the National Bank of Georgia "On Approval of the List of Developed Countries"
• The order №47/04 of the President of the National Bank of Georgia "On the approval of the rule for completing reports and presenting information for the legalization of illicit income of the Securities registrar and terrorist financing risk supervision"
• The order №48/04 of the President of the National Bank of Georgia "On the approval of the rule for completing reports and presenting information for the legalization of illicit income of the brokerage company and terrorist financing risk supervision"
• The order N107/04 Of the National Bank of Georgia "On the approval of the additional regulation rule of brokerage companies involved in trading with high-risk financial instruments"
• Order N206/04 of President of the National Bank of Georgia "On Approving the Rule of Production of Securities Register"
• Order N 223/04 of President of the National Bank of Georgia "On Approving the Procedure for Recognizing a Person as a Sophiscated Investor"
• Order N13/04 of the President of the National Bank of Georgia 02 February, 2021, "On approval of the Ethics Principles and code of Professional Conduct for banking and securities market participants"
• Order N180/04 of the Governor of the National Bank of Georgia On Insider dealing, the Unlawful Disclosure of Inside Information and Market Manipulation
• Order N 74/04 of the President of the National Bank of Georgia "On the Approval of Rule on Regulation of Securitization", Annex 1; Annex 2; Annex 3;