of March 16, 2018 No. 33
About modification and amendments in the Law on the capital market No. 171/2012
The Parliament adopts this organic law.
Art. I. - In the Law on the capital market No. 171/2012 (Official monitor of the Republic of Moldova, 2012, Art. No. 193-197, 665), with subsequent changes and amendments, to make the following changes and additions:
1. Add preamble with the following paragraph:
"The directive No. 2013/36/EU of June 26, 2013 the European Parliament and Council about access to activities of credit institutes and prudential supervision of activities of credit institutes and investment firms changing the Directive No. 2002/87/EU and canceling Directives No. 2006/48/EU and No. 2006/49/EU, published in the Official magazine of the European Union by L 176 of June 27, 2013 (part (5) Articles 4, Article 28, part (3) Articles 65, part (1) Articles 74, part (2) Articles 76, Item a) parts (1) Articles 97, parts (2) - (4) Articles 97, parts (1) - (3) Articles 99, part (1) Article 103 and Items a), c), e), g), i), j) and l) parts (1) Articles 104).".
2. In part (1) Article 6:
after the concept "execution of the orders concerning financial instruments on behalf of clients" to add part with concept of the following content:
"exposure to sale - the period between registration date of the offer on security sale at the operator of market/system and date of execution/expiration of the offer;";
after the concept "family relations" to add part with concepts of the following content:
"restructuring of issue (issues) of securities - change of number of shares, and/or the nominal (established) value of all securities of certain class, and/or the size of the authorized capital which, depending on circumstances, can be followed by consolidation, crushing or converting of securities of the corresponding class;
the location of investment society - the place where persons which are really managing investment society regularly perform the powers. The location of investment society legal entity of the Republic of Moldova shall be located in the territory of the Republic of Moldova and shall be specified in the charter of investment society;".
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