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BVB receives approval to hold 5 percent of Chisinau stock market

22. March 2012. | 07:48

Source: Agerpres

The Bucharest Stock Exchange (BVB) will be able to hold 5 percent of the newly set up Chisinau Stock Exchange, after it received the approval of the National Commission of Financial Market (CNPF) of the Republic of Moldova, informs Bursa daily.

The Bucharest Stock Exchange (BVB) will be able to hold 5 percent of the newly set up Chisinau Stock Exchange, after it received the approval of the National Commission of Financial Market (CNPF) of the Republic of Moldova, informs Bursa daily.

The Chisinau Stock Exchange is the second market operator of the Republic of Moldova and has as object the professional activity on the stock market, as main activity, as well as clearing, settlement and consulting operations - as related activities, stipulated by the CNPF regulations.

The main activity field of BVC consists of ensuring the technical framework, regulating and monitoring necessary to the continuous unfolding of operations on the regulated markets for financial instruments.

The Chisinau Stock Exchange obtained its license of professional participant on the stock market from the License Authority of the Republic of Moldova on February 24, 2012.

In May 2011, a delegation made up of officials of the National Commission of Financial Market of the Republic of Moldova and of the Committee on economy, budget and finance of the Republic of Moldova's Parliament had a meeting with representatives of the Bucharest Stock Exchange. AGERPRES

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