News Detail

image

Market Stabilization Fund into Effect


Published on 9/7/2015 11:35:00 AM


The Market Stabilization Fund as an inevitable aid in times of market turbulence was first taken into account among the provisions of “Removing barriers of competitive production and improving financial system” law.

Capital Market Stabilization Fund as a long-needed entity is about to commence operation as its articles of association was finally ratified in a Cabinet Meeting of the government held on September 2, 2015.

The Fund as an inevitable aid in times of market turbulence was first taken into account among the provisions of “Removing barriers of competitive production and improving financial system” law.

The fund will be established to control and reduce systematic risks in times of financial and economic crisis as well as to develop and maintain a fair and orderly investing environment for market participants in the capital market.

Although the managerial structure of the fund is yet to be determined, the authorities have implicitly signaled that the fund’s resources are not restricted ensuring the utmost measures in times of markets unease.

print
rating
  Comments

There is no comments. To be the first to make a comment...

Your Name
Email
Website
Title
Comment
CAPTCHA image
Enter the code