Registering the Change to the Structure of the Managers of “Incore”, a Closed Joint-Stock Company

2025-05-27

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA

GOVERNOR DECISION

 May 27, 2025 No. 1/173 A

 Registering the Change to the Structure of the Managers of “Incore”, a Closed Joint-Stock Company

 In view of Article 18 (4) (“g1”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”, and Article 221 (2) of the Republic of Armenia Law “On the Securities Market”, and Paragraph 26 (1) of Regulation 4/05 “Procedure for Qualification of Investment Service Provider, the Operator and the Central Depository Managers and Natural Persons as Investment Service Providers; Manager Professional Integrity Criteria and Manager Registration” as approved under the Republic of Armenia Central Bank Board Resolution No. 15-N, dated January 15, 2008;

Considering the conclusion issued by the Licensing and Supervision Committee of the Central Bank of the Republic of Armenia (Minutes No. 25, dated May 27, 2025); and

Having examined the letters of request, along with the required documentation and deliverables, which “Incore”, a Closed Joint-Stock Company, submitted to the Central Bank of the Republic of Armenia on April 9, 2025 and May 15, 2025,

           We decide: 

  1. Remove Mikhail Broyan from his registered role as Member of the Board of “Incore” Closed Joint-Stock Company.
  2. This decision to enter into force on the day it is signed.

                                        

Martin Galstyan

.