Federal Mutemo № 39-FL "On the kuchengetedzeka Market": Key

Federal Law 39-FL inodzora noukama yomuka maererano issuance uye kuparadzirwa zviridzwa zvemari, pasinei mhando issuer, mitemo pakagadzwa uye kushanda nemazvo vechikamu kuti kutengesa platforms. We inotevera zvimwe zvokudya zviri normative chiito.

tsananguro

Kune mhando dzakasiyana-siyana mubasa kumusika kuti kuchengetedzeka. Voitakura kunze, kazhinji basa vechikamu. Pari masangano zvakajairika mazuva kuti dzinoita mabasa akasiyana-siyana makambani. Chinokosha Basa vechikamu mumisika mabasa kuchengetedza uye kuwedzera guru. Inosimbisa dzinokosha mitemo vaiona murau, uyewo Central Bank of Russia. It anoita somunhu regulator uye supervisory simba inokosha.

Dealer basa raMwari

Zvinonzi chokuita basa kwema nokuti kutengwa kana kutengeswa zviridzwa zvemari. mashandiro izvi, maererano 39-FL "On the kuchengetedzeka Market", inoitwa achizvibhadharira zvaanoda uye pamusoro wake nokuda pashure voruzhinji payakazivisa kukosha rwokutenga kuzvipira / Implementation. Professional vadzidzi vanogona kuita nyaya zvachose kunorondedzerwa. Sale / kutenga zvisungo uye namajoko zvemari iri kuitwa zviri pamutemo masangano zviri zvokutengeserana masangano, uyewo paruzhinji makambani, kana kuMudzidzisi simba waiti mirayiro vedare basa ravo.

pokugadzwa ezvinhu

Dealer basa rinosanganisira tsananguro:

1. Maximum / Minimum nhamba zviridzwa zvemari nokuti kutengeswa / kutengwa.
2. Nguva iro mutengo yakaiswa.

Pasina rokuzivisa dziri dzimwe mashoko zvinokosha uye mamiriro, imwe nyanzvi ubatanidzwe ane kuti makava kuti nemhosva panyaya. Kana kunzvenga, maererano 39-FL "On the kuchengetedzeka Market", kuti rinogona kunokumbira vatevedzere hwakagadzwa zvinodiwa kana kuti kuripa nazvo chakakonzerwa namaneja ari investor.

adhimini

kuchengetedzeka utariri kunosanganisira kwema mune midziyo zvemari, mari inoshandiswa kwema uye zvibvumirano. Kuti dzika nayo, sezvo Kazhinji anoda rezinesi. Kusara iri kana kudzorwa kwakabatana chete pachiitwa kodzero pamusoro zviridzwa zvemari. Sezvakarayirwa kwema nokudzorwa normative chiito pasi kukurukurwa uye chibvumirano. In zvinoitwa mabasa nounyanzvi Muchirongwa anofanira kuratidza kuti anoita somunhu kudzorwa.

Rights uye mabasa

Kana hondo zvido ane nyanzvi ubatanidzwe uye mumwe / wandei nemakasitoma, iyo mapato hazvina kuzivikanwa pachine, kwakaita kuti zveefa kuti kwakakanganisa kune vapedzisira, kudzorwa vanosungirwa kubhadhara kukuvadza achizvibhadharira zvaanoda. Vaiona normative chiito yakasimbiswa zviri pamutemo masangano. Zvikurukuru, nyanzvi ubatanidzwe maererano 39-FL "On the kuchengetedzeka Market", anogona kutenga nhumbi zvemari izvo vaida kuti vanokwanisa vanoita, uyewo kupinda akakodzera kondirakiti. Kana mukaputsa hwakagadzwa mirayiro kuuya dzimwe zvakaipa nokuda yacho. Pakati pavo:

1. Vanosungirwa kuti pave zvemari zviridzwa uye kugumisa chibvumirano, sevapristi nomukaka zvavo. The runoenzanirana chinodiwa aigona kupa Central Bank of Russia kana zvakananga mutengi.
2. Muripo nokuti zvinokanganisa akaita se pamusana Implementation zviridzwa zvemari, uye kugumiswa zvibvumirano.
3. Kuripwa yechimbadzo uwandu kwema / zvibvumirano akasaina. saizi yavo chinosimbiswa Art. 395 of Civil Code. Kana zvakanaka musiyano pakati yacho kubva kutengeswa kuchengetedzeka / kugumiswa zvibvumirano uye uwandu disbursed maererano kutengwa / kutengeswa zviridzwa zvemari, kufarira iri vanobhadharwa uwandu kufukidzwa izvozvo.

The mutsara vanoti pamusoro pokushandisa kuMudzidzisi migumisiro nyanzvi ubatanidzwe pakati kwema vari kutyora zvinodiwa 39-FL "On the kuchengetedzeka Market" rinogona kuiswa mukati gore rimwe kubva musi okutambirwa nomushumo pedyo nemhosva.

mamwe Features

The Manager anogona vakazvimiririra kutumirwa dare pamusoro chero anoti kunobva Implementation yemabasa ayo, kusanganisira yakarurama iyo inopa shareholders nezvimwe kuchengeteka yokuisira. Muchiitiko chino, achaita kutongerwa kuMudzidzisi mari, kusanganisira tsikisa basa uye. Vari ndanyarara hangu kubva pfuma, somurongi chinhu kuvimba zvakanaka. Professional Bato anewo kodzero kupawo mumwe pasi kuti kwema. Ivo kunze nokuda mutariri kana matirastii. Kwema dzinoitwa tichiregeredza chepfuma inyaya chesungano. Managing kodzero muripo. Mamiriro muripo wayo hwakasimbiswa kondirakiti. Uyezve, iye kodzero muripo kuti mari kunze navo pasi kuvimba zvakanaka, tichiregeredza nhengo pfuma. kodzero iyi hazvigoni vakaumbwa kubudikidza risiti mari kubva kwema.

mabasa

The Gavhuna Chengetai zvinyorwa kuchengetedzeka, kuita sezvo zvinhu mabasa ake, uyewo kuti chibvumirano neimwe. Nechepakati kungwara, kuti nyanzvi ubatanidzwe zvokurimisa zvose kodzero dzakasimbiswa zviridzwa zvemari. The chibvumirano nemiganhu anogona kuiswa twa zvakanaka. Somuenzaniso, Kuzadziswa kodzero dzokuvhota. Kana hakungoitwi, kudzorwa ndikaita vaiva kuchengetedzeka. Pasina simba kushandisa kuvhota pa mukuru musangano yokuisira zviridzwa zvemari uye mari vamapoka nyanzvi Muchirongwa anofanira kupa ruzivo pamusoro muvambi chibvumirano wokucheresa wakasimudza mazita masangano kuti kugona ichi. Akatsinhira normative chiito makasimbiswa uye mamwe mabasa. Kunyanya, akumbirwa wendarama maneja anopa rairatidza depositary pamusoro Implementation wokutanga vhoti.

uchatamisa Agent

Ari nokukwezvwa mabharani, iyo anoramba ari mazita yokuisira zviridzwa zvemari nokuti Implementation ari mabasa. Sangano anoita runoenzanirana akavhiyiwa inobva chibvumirano uye Marshal. Nokufamba basa kuchinjwa mumiririri vanofanira kuratidza kuti vari kushandira uye nokuda Registrar, zviisei magwaro anodiwa kumapati vanofarira.

kodzero

Ivo nezvaro chibvumirano uye nesimba gweta. Zvinosanganisira wekuongorora vane kodzero:

1. Tora zvinyorwa zvinodiwa kuti tiite mabasa ari mazita.
2. Zvinopa vakanyoresa vanhu uye vamwe mashoko l / s, anocherechedza uye mamwe mashoko inopiwa mabharani.

mabasa

Zvaisanganisira vatambi vanofanira:

1. Tora matanho akakodzera kuziva vanhu vanozviisa pasi magwaro anodiwa kuti vaite mabasa ari mazita.
2. Goverai kuwana zvinyorwa Registrar zvinhu panguva chikumbiro chake.
3. Remekedza zvakavanzika mashoko vakawana pakuita kwema.
4. Kuita nezvezvaiitwa pakati vamiririri vakanyorwa vanhu.
5. Setifaya zvikamu dzinongoitika vanhu maererano nemirau anosimbisa Central Bank.
6. Kutevedza dzimwe zvinodiwa raanotaura ne Central Bank.

Kukarukureta nezvenguva remapazi ari mazita kana kuti kukundikana Implementation yavo kunotangira kubva musi yaisanganisira mapato kuMudzidzisi mapepa uye simba. Kuchinjwa mumiririri uye sahwira ari kudyidzana vanofanira kutsinhanisa ruzivo uye zvinhu zviri zvemagetsi chimiro.

Mitemo nokuti kupa ruzivo

Nezvenyaya yacho chikumbiro, vanosungirwa pamusoro mari zviridzwa (issuer), kuti aizviti anaro yacho kuchengetedzeka kana munhu ari kukonzera centralized kuchengetwa, vane kugovera mazita varidzi. Zvinonzi akaumba musi raanotaura chikumbiro. The Issuer anogona kutaura zvinodiwa izvi, kana urongwa muurongwa zvakafanira kuti pave mitoro waiti iri batana mutemo. Pamazita urwu ratumirwa mukati memazuva gumi nemashanu kubva musi okutambirwa chikumbiro. Kana zuva ravira ari ndikoku paya pane pakarenda yawo chionekeso, nguva inofanira dzaona kubva musi raanotaura chiziviso.

Mukati nyora

Varidzi pamazita inofanira kutaurwa:

1. View mhando (chikamu) zviridzwa zvemari uye ruzivo kuti vakwanise zvitupa zvavo.
2. Issuer ruzivo.
3. Information pamusoro varidzi kuchengetedzeka, kusanganisira dzimwe makambani, iyo haisi repamutemo pasi mitemo nyika nayo kuumbwa, uyewo mamwe masangano kuti dzika kodzero pamusoro zviridzwa zvemari uye vanhu uyo ivo vakaita. Information pamusoro zvekare rirege kuiswawo pakati pemazita. Izvi akabvumira pasi zvimwe ezvinhu. Zvikurukuru munhu Anotenda kodzero pamusoro nhumbi zvemari ane mari utariri kambani imwe yakawiriranwa mari kana sangano yokumwe munyaya seboka / seboka mubhizimisi Zvirongwa zvose pasina uye nokuumbwa isangano repamutemo, kana vatori vechikamu kunopfuura 50.
4. Information pamusoro vanhu vane kodzero zviridzwa zvemari akatakurwa pana Treasury L / s pamusoro issuer, dhipoziti uye nedzimwe nhoroondo, kunorondedzerwa dzimwe FL kana masangano aya regai dzika kuwanikwa pamutemo kusarudza.
5. Information kugonesa kuti kuzivikanwa anotaurwa yakapfuura maviri ndima vanhu. The Pamazita zvinosanganisira uwandu migove anazvo navo.
6. International kuziva bumbiro nenyaya kuita yokunyoresa kodzero zvemari zviridzwa masangano uye vanhu vanotaurwa Sec. 3-4, kusanganisira vokune dzimwe nyika nominee pedhi uye imwe kambani ine kodzero kuti kuchinja uye chizvidavirire mitemo.
7. mashoko pamusoro vanhu vasingakwanisi kupa ruzivo kuti paumbwe pamazita, uyewo nhamba kuchengetedzeka idzo hakuna ruzivo rwaiwanikwa.
8. Information pamusoro uwandu nhumbi zvemari, izvo zvaisanganisira munhoroondo zvinowanikwa zvinosanganisira nyaya.

mhedziso

The Registrar kungada vakanyorwa masangano, uye depositary - kubva depositors kana vanoita se nominees (kusanganisira dzimwe), urongwa mashoko kuvaka mazita kuti musi chaiwo pakugadzirira chikumbiro ichangobva kutaurwa. Munhu akazarura nhoroondo, anofanira kupa anodiwa mashoko nokuda Inventory. Nyaya pakutevedzera kurudyi nhumbi zvemari nokuda kuvatori vechikamu akumbirwa mabharani kana wokuchengeta panodonedzerwa zvinyorwa, acharega akakumbira umboo kuti vaunze pamazita varidzi.