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The agreement between National Bank of the Republic of Kazakhstan and Committee on securities under Council of Ministers of the Republic of Belarus about exchange of information

of November 24, 2003

The National Bank of the Republic of Kazakhstan and Committee on securities under Council of Ministers of the Republic of Belarus which further are referred to as with the Parties

for the purpose of realization of the practical measures aimed at the development of long-term economic cooperation

agreed as follows:

Article 1

The parties perform regular exchange of information about condition of the security markets of the states of the Parties.

Article 2

The parties according to national legal systems of the states of the Parties shall provide each other the following information on the activities and on condition of the national security markets:

1) the list of the adopted and invalid regulatory legal acts on regulation of activities of issuers of securities, professional participants of the security market, organizers of the biddings by securities, institutional investors, self-regulatory organizations;

2) the information about the list of professional participants of the security market and other organizations performing activities in the security market based on licenses and permissions;

3) data on quantity, the prices and amounts of the transactions with non-state issued securities registered in trade systems of organizers of the biddings by securities;

4) data on the registered issues of securities of legal entities;

5) official publications of bodies of the states of the Parties regulating activities in the security market.

The term of submission of information specified in the Items 1)-4) of this Article: quarterly no later than the 25th day of the first month of the next quarter.

The term of submission of the official publications specified and Item 5) this Article: monthly no later than the 10th day of the next month.

Article 3

The parties have the right to the additional information concerning development and regulation of the activities of the stock market which are not stipulated in this agreement based on the written request.

Article 4

The parties shall:

1) to provide only reliable information;

2) to provide maintaining confidentiality of information concerning which any of the Parties it was stipulated that it has confidential nature.

Article 5

The cooperation between the Parties is performed on the principles of equality, openness, mutual assistance and completeness of information.

The cooperation of the Parties is performed on a grant basis.

Submission of information provided by this agreement is performed by means of mail or electronic communication.

Article 6

By mutual consent of the Parties changes and additions which are drawn up by the protocols which are integral part of this agreement can be made to this agreement.

Article 7

The Parties will solve all disputes and disagreements arising during implementation of provisions of this agreement by mutual consultations and negotiations.

Article 8

Information obtained by one of the Parties within this agreement can be transferred to the third party only on condition of written consent of the Party providing this information.

Information obtained within this agreement cannot be used to the detriment of interests of the states of the Parties.

Article 9

This agreement becomes effective from the moment of signing, is effective within five years and will be prolonged for the following five-year terms if any of the Parties at least in six months prior to the expiration of the next five-year term does not send to other Party the written notice of the intention to stop its action.

In case of change of the official name or functions of competent authorities of the states of the Parties of the Party without delay notify on this each other through diplomatic channels.

Signed in the city of Minsk on November 24, 2003 in two authentic copies, everyone in the Kazakh and Russian languages, and all texts have identical legal force.

In case of disagreements in case of interpretation of provisions of this agreement of the Party will address to the text in Russian.

 

For National Bank

Republic of Kazakhstan

Signature

 

For Committee on securities

under Council of Ministers

Republic of Belarus

Signature

 

 

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

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