The bill (Reg.No.11060) suggests specifying and expanding the range of financial services according to article 4 of the Law "On Financial Services and State Regulation of Financial Service Markets". It suggests also establishing mechanisms to prohibit issuing financial services not included in the abovementioned range. The bill stipulates empowering bodies, responsible for state regulation of financial market services, to make decisions on identifying operations with a particular type of financial services, etc.
The Committee noted that implementation of the provisions of the bill will bear a positive impact on settling the activities pertaining to transactions in financial assets.
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