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Y 6eKHcToHAa MorHH 6o opHHHHr 1Kax,oH MorHH 6o oprapHra HHTerpau,HHrarn BH MacararapH



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Y 6eKHcToHAa MorHH 6o opHHHHr 1Kax,oH MorHH 6o oprapHra HHTerpau,HHrarn BH MacararapH


Yw6y KHTO6HHHr 3.3, 9.3, 9.4 Ba 9.7 naparpacpJl pH)l,a KypcaTHJl HH)l,eK, Y36eKHcTOH MOJlH51 6O3OpH MO)l,eJl aHrJlO caKcOH Ba KOHTHHeHTaJl MO)l,eJlJl 3Jl TJl HH y3 HYHra OJl aHJl x,aM)l,a yH)l, aKu,H51)l,OpJl KOMnaHH51Jl H KOpnOpaTHB 6Owl\ B TH3HMH aHrJlO caKcOH (“HHBecTOpJlHK”) MO)l, JlH)l,aH cp pl\Jl KOHTHHeHTaJl (repMaHH51)l,arHra yx,waw “HHcai1)l, pJl ” eKH “HKKH nOFOHaJlH”) MO)l,eJl acOcJl aHJl H (3.4 naparpacp l\ aJl ) Ba HYKH HO)l, Jl HHBecTHu,H51Jlap x,a MHHH KaMJl , XycycHi1Jl MeXaHH3MH KaM caMapaJl 6yJl H Ba peryJl51TOpJl HHHr Kyn cOHJlHJl , 6aHKJl , cyFypTa TawKHJl TJl Ba 6o)l, eT)l, Tawl\ cpOH)l,Jl HHr eTapJlHYa HHBecTHu, caMapa 6HJl HwJl aeTraHH ca6a6Jl , 6apYa yTHw Hl\ )l, ra MaHcy6 MaMJlaKaTJl cHHrapH MabJlyM
)l,apa a)l, MyaMMOJl MaB y)l, (9.7 naparpacp l\apaJl H). yH)l, Y36eKHcTOH MOJlH51 6O3OpHHH TapTH6Jl TH3HMH 9.3 naparpacp)l, KeJlTHpHJlraH 6HpHHYH TypKyM MO)l, Jl KHpa)l,H. YHHHr x, cycH51 wyH)l, KH, yH)l, x,O3HpYa Ha 6aHKJlapHHHr, Ha MOJlH51 HHcTHTyTJl pHHHHr (HHBecTHu,H51 HHcTHTyTJl pH, cyFypTa TawKHJlOTJl , cpOH)l,Jlap), Ha HHcTHTyu, HaJl HHBecTOpJl HHr, Ha Mai1)l,a YaKaHa HHBecTOpJl HHr aJlOx,H)l, ycTyHJl rH Ky3aTHJl ai1)l, . AJl x,H)l, cerMeHTJl a (nyJl, BaJloTaJl , KOpnOpaTHB Ba )l,aBJl l\ MaTJl l\OFO3Jl H, cyFypTa HHcTpyMeHTJl H, Kpe)l, Ba 6aHKJl HHr 6Owl\ HHcTpyMeHTJl pH 6O3OpJl ra) 3ra 6yJl , yJlap x,O3Hp)l, 6Hp 6HpH 6HJlaH TyJlHl\ 6OFJlHl\ 3Mac Ba x,ap 6HpH TypJl BaKOJlaTJlH )l,aBJl OpraHJl TOMOHH)l, aJl x,H)l, TapTH6Jl THpHJla)l, (MyBOcpHl\JlawTHpHJla)l,H Ba Ha3OpaT l\HJlHHa)l,H). aHK TH3HMH repMaHYa MO)l,eJl 51l\HH, aMMO KyJlaMJlH HcJl x,aTJl ra Myx,TO .
yJl HHHr 6apYacH MHJlJlHi1 MOJlH51 6O3OpHMH3HH ax,OH MOJlH51 6O3OpHra HHTerpau,H51Jl wyBHHH 6HpMyHYa l\Hi1HHJl wTHpMOl\)l, .
VI rpau,H51JlawyB apaeHHHH Te3JlawTHpHw yYyH MOJlH51 6O3OpH MO)l,eJlH)l,arH MyaMMOJl KeJl YHl\apyBYH ol\OpH)l, KypcaTHJl cp pl\Jl BYH Hx,aTJlapHH 6apTapacp l\HJlHw JlO3HMJl
6OpraH capH aHHl\ 6yJl 6OpMOl\)l, . YMyMaH OJlraH)l, , 6y Ba 6Owl\ MyaMMOJl HHr MaB y)l,Jl H x,O3Hp)l, MHJlJlHi1 MOJlH51 6O3OpH MO)l,eJl , HHcp aTy3HJl H cp OJlH51 Ba peryJl51 MeXaHH3MHHH KecKHH TaKOMHJlJl pHw 3apypJl rH)l, )l,aJl Jl 6epa)l, . yH)l, MOJlH51BHi1 rJl 6aJlJl yB apaeHJl H TaJla6Jl HHH Ba HHTerpau,H51Jl wyB 6OpacH)l, rH ax,OH Ta pH6acHHH x,HcO6ra OJl Myx,HM ax,aMH51 Kac6 3Ta)l, .
Y36eKHcTOH MOJlH51 6O3OpHHH ax,OH MOJlH51 6O3OpHra HHTerpau,H51JlawyBH apaeHJl pHHH Te3Jl THpHw)l, ai1 Hl\ l\ i1 )l, Jl a acOcJl Mal\ca)l, MyBOcpHl\:

  • EBpOna VI HcpOl\ HHHr 1993 i1HJl 10 Mai1 KyHH)l, l\a6yJl l\HJl H HpeKTHBacHra68;





  • XaJll\ap yTTH3Jl rypyx, HHHr 20 TaBcH51Jl pHra (6.5 naparpacpra l\apaJlcHH);

  • EBp0cHe VIl\THcO)l,Hi1 X, M aMH51 Hra ab3O )l, BJlaTJlapHHHr aMaJl)l,arH l\OHyHYHJl x, aTJl pH, MycTal\HJl aBJl Jl X,aM)l,ycTJl rH HwTHpOKYH )l, BJl Jl napJl TJl AccaM6Jle51 HHr 2001 i1 Jl 24 HO516p)l, CaHKT neTep6ypr wax,pH)l, 18-7-cOHJl K, pH 6HJl Tac)l,Hl\Jl raH, “K, MaTJl

l\ Jl 6O3OpH TyFpH)l, rH MO)l,eJlJlH l\ HyHH, x,aM)l,a AK,W, repMaHH51, yoK pHTaHH51, KOpe51, 51nOHH51 Ba 6Owl\ MaMJl aTJlapH l\ MaTJl l\OFO3Jl p 6O3OpHHHHr cp OJlH51 KypcaTHw MeXaHH3MJl pH Ba TapTH6Jl wTHpHJlHwH l\ MHra OH)l, l\OHyHYHJlHK x, aTJlapHra;

  • yw6y KHTO6HHHr I-YH 6O6H)l, KeJl pHJl KOHu,enTyaJl MO)l,eJlJl x,aM)l, yJl a acOcJl aH

2.1-2.3, 3.3, 3.4, 8.1, 9.1, 9.5 naprapacpJl p)l,a KeJlTHpHJl H Ha3apHi1 Ba cpaKTOJlOrHK 6a3Hcra;

  • MHJlJlHi1 6aHK TH3HMH MO)l,eJl HcJlOx, l\HJl , 6yH)l, 6aHKJlapHHHr OYHl\ MOJlH51 6O3OpJl H)l, rH Onepau,H51Jl pHra KaTTa 3bTH6Op 6epHw JlO3HM;

  • MHJlJlHi1 cyFypTa TH3MH MO)l,eJl HcJlOx, l\HJlH6 HHBecTHu,HOH Ba 3MHccHOH Onepau,H51JlapHra KaTTa 3bTH6Op 6epHw 3apyp;

68 “Council Directive 93/22/EEC of 10 May 1993 on investment services in the securities field”.

  • KOpnOpaTHB 6Owl\ yB cHecaTH MO)l,eJl H TaKOMHJlJl pHw JlO3HM, 6yH)l, MHHOpHTap HHBecTOpJl r Xyl\ l\JlapHHH x,HMO51Jl w Ba l\OHyHHi1 MaHcpaaTJl pHHH TabMHHJl ra KaTTa ax,aMH51 6epHw JlO3HM;

  • XycycHi1JlawTHpHw MeXaHH3MHHH TaKOMHJlJlawTHpHw JlO3HM69;





  • MOJlH51BHi1 HHcTpyMeHTJl p TypJl pHHH Kynai1 HpHw x,aM)l,a yJl Ba yJl HHHr 6a3HcJl pHHHHr y3apO 3KBHBaJl HTJlHJlHK )l,apa acHHH TabMHHJl w;

  • MOJl 51 6O3OpH Ba Hl\THcO)l, THHHr y3apO 3KBHBaJl HTJlHJlHK )l, pa acHra 3pHwHwH;

  • MOJlH51 6O3OpH 3MHTeHTJl HHHHr 3MHccH51, HHBecTHu,H51, )l,apOMa)l, cTaBKaJl cHecaTJl (cTpaTerH51JlapH) OnTHMaJl 6aJl HH TabMHHJl Hra KaTTa ax,aMH51 6epHw 3apyp;

  • My)l,)l, TJl l\ TJl l\ O3Jl ()l, pHBaTHBJl p) 6O3OpHHH KecKHH waKJlJl HpHw 3apyp;

  • KOJlJl HB HHBecTOpJl H KecKHH Kynai1 Hw;

  • OYHl\ Ba wacpcpOcp 6HpJl MYH x,aM)l,a )l, BOMHi1, MyHTa3aM, y3JlyKcH3, wacpcpOcp cp OJlH51 opHTyBYH HKKHJl 6O3OpHH pHBO Jl HTHpHw JlO3HM;


  • -

    ceKbopHMeTpHK

    (cp

    HcOMeTpHK)

    Tax,JlHJl

    pHBO Jl

    HpHw 3apyp71;












    MOJlH51 6O3OpH HH)l, pJl HHHr ypTa My)l,)l, )l, x,eY 6yJl aca MHHHMaJl YerapaBHi1 MHl\)l,OpJl pHra 3pHwHw (3.1 naparpacpra l\apaJlcHH);

70 Ba MOJlH51 HH HHHpHHrHHH KecKHH






  • MOJlH51 6O3OpH)l, H cp JlH51 pHcKJlapHHH caMapaJl 6Owl\ HwHH TabMHHJl 72;

  • MOJl 51 6O3OpH HH)l,ycTpH51cH cHcpaTHHH 6Owl\ pHwHHHr KOMnJl Kc TH3HMHHH Ty3Hw JlO3HM73;





  • MOJlH51 6O3OpH MaKpOperyJl51TOpHHH Ty3Hw Mal\ca)l,ra MyBOcpHl\ (9.5 naparpacpra l\apaJlcHH);

  • MaMJl KaT Ba Kpe)l,HT pei1THHrJlapHHHHr 51x,wH KypcaTKHYJl pHra 3pHwHw JlO3HM Ba x,.K.

Y36eKHcTOH MOJlH51 6O3OpHHHHr ax,OH 6O3OpJl Hra HHTerpau,H51Jl wyBHHH l\ i1 )l, pa a)l, KyYJl pal\O6aT wapOHTH)l,a KeYHwH MyMKHHJl 1-YH, 2-YH Ba 3-YH HJlOBaJl p)l,a KeJlTHpHJlraH aHaJl MabJl MOTJl p)l,aH KypHw MyMKHH.


Caao!l!lap


  1. Y36eKHcTOH MOJlH51 6O3OpH XycycH51TJl Ba MyaMMOJl HHMaJlap)l, H6OpaT?

  2. Y36eKHcTOH)l, HHTerpau,H51Jl yB apaeHJl HHH Te3Jl wTHpHw HHMaJl a acOcJlaHa)l, ?

Tonmupu !l


  1. Y36eKHcTOH MOJlH51 6O3OpHHH ax,OH MOJlH51 6O3OpJl HHTerpau,H51Jl BH apaeHJl pH TyFpHcH)l, Tax,JlHJlHi1 O63Op Tai1epJlaHr.

  2. TepMHHJl p 6yi1 a JlyFaT Ty3HHr.


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