04.06.2019 11:48
YEREVAN, June 4. /ARKA/. By a vote of 111 to no against and abstentions, Armenia’s National Assembly has passed today in the second and final reading a bill on making a set of amendments to the Law on Administrative Offenses, which provide for introduction of fines for advertising of organizations which provide financial services without Central Bank’s licenses.
"A license is required for offering intermediary services, but it does not solve the problem, since such activity is often concealed under the guise of consulting services, and often it is provided by unregistered individuals ," Maneh Tandilyan, a lawmaker from the Bright Armenia faction, who authored the bill, said.
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