Download Investor Protection in the CIS (Law in Eastern Europe) by Dragneva, R. (ed.), Rilka Dragneva PDF

By Dragneva, R. (ed.), Rilka Dragneva

The booklet examines the felony regime for defense of corporation shareholders within the CIS. the focal point is on very important features of household criminal reform within the twelve CIS international locations, but in addition at the contribution of CIS version laws to this approach.

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Extra resources for Investor Protection in the CIS (Law in Eastern Europe)

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As the MSML Concept Paper reveals, the work on the model law started with an analysis of the laws on securities and securities markets of Armenia, Belarus, Kazakhstan, the Russian Federation, Ukraine, and Uzbekistan. Through the participation of Western lawyers in the discussions, the experience of countries such as Germany, The Netherlands, and the US was taken into account. , IOSCO, EU, and the Group of Thirty) were used as benchmarks. -J. Schramm and A. Bushev, “Protection of Shareholders Through the Regulation of Securities Markets”, in this book.

Third, foreign experts can be involved in the process at two key stages: the drafting or the review. In terms of the drafting stage, this means that foreign experts can either be part of the working group or be principal drafters. In such a case, the “local content” or the adaptation to local conditions would be a matter of the contribution of the working group as a collective body, of the permanent commission approving the draft, and of the various parties who may take part in the review of the draft.

1 77 In its early days, the ambiguity was particularly strong. On the one hand, there was the declared goal that the inherited economic unity should be preserved. 78 In 1993, the Russian proposal for the progressive creation of an EUstyle economic union was accepted and, as already mentioned, a Treaty on the Economic Union was passed. Yet the economic-union impulse, at least in its CIS-wide format, proved to be short-lived. cit, note 28. , the 1992 Agreement on the Approximation of Commercial Legislation and the Decision on the 1994 Decision on the Formation of the SCCPL (Table 1).

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