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Armenian draft law bans former convicts from holding some positions

21.03.2019 17:57

Armenian draft law bans former convicts from holding some positions

YEREVAN, March 21, /ARKA/. A set of amendments to the laws on insurance and insurance activities, on payment and settlement systems and organizations, on pawnshops and Lombard activities and on currency regulation and currency control, approved today by the government of Armenia will ban former convicts from holding positions in some financial institutions.

Justice Minister Artak Zeynalyan said the ban does not apply to heads and managers of companies and organizations whose activities are licensed by the Central Bank.

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