Translated with AI
On April 27, 2026, the 29th meeting of the Council of Heads of Authorized Bodies for Regulating Securities Markets of the CIS Member States was held in Moscow via videoconference, the press service of the Organization's Executive Committee reported.
The meeting was attended by representatives of Azerbaijan, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan, as well as representatives of the CIS Executive Committee.
Mikhail Myskin, Director of the Economic Cooperation Department of the CIS Executive Committee, briefed participants on the current economic situation in the Commonwealth countries and the Council's related tasks.
During the meeting, participants reported on the most significant developments in the CIS securities markets recently. It was noted that the Commonwealth countries are actively coordinating their financial and economic activities, improving mechanisms for issuing and trading securities, and harmonizing stock market regulatory standards.
Information was also presented on the specifics of taxation in the securities market. Participants were offered a comparative analysis of the expansion of investment instruments, including securitization, sukuk, and sustainable finance.
In addition, a date was set for the first meeting of the Council's working group, which will work on developing a unified system to combat illegal activity in the financial markets of CIS countries.
Following the meeting, a decision was made to submit a report on the practice of harmonizing the legislation of CIS states regulating the procedures, practices, and specifics of taxation in the securities market to the CIS Executive Committee for consideration by the highest bodies of the Commonwealth in the fall of 2026.
The next meeting of the Council is planned to be held in the fourth quarter of 2026.
