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Saturday, November 21, 2009
News Making Money

MAB approves the incorporation of ASEFIR ASESORES EMPRESARIALES as a Registered Adviser

06/11/2009 14:47 (15 Day 08:09 minutes ago)

The FINANCIAL -- The Board of Directors of the Mercado Alternativo Bursátil (MAB) have agreed the appointment of ASEFIR ASESORES EMPRESARIALES as a Registered Adviser in the MAB for growth companies and its registration on the Advisers Register.

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With this incorporation the total number of Registered Advisers on MAB stands at 23.

 

ASEFIR ASESORES EMPRESARIALES is staffed by a group of professionals specialising in financial advice, management of financial firms, consulting and audit whose main purpose is to develop the Register Adviser’s activity on MAB.

 

The role of the Registered Advisers is key to the future development of the market as all companies must rely on a Registered Adviser, who will assess the eligibility of candidate companies to list on the Market and will assist them to produce the information required at anytime.

 

Their functions will be, among others, to help companies to comply with information requirements and check that they do so, revise the information they present and answer any questions put to them by the MAB market regarding issuers, their activity and the achievement of their goals.

 

 

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Politics
Ruling Party Firm on 30% Threshold for Mayoral Election

21/11/2009 13:54 (09:02 minutes ago)

The FINANCIAL -- According to Civil Georgia, the ruling party has already compromised on number of key electoral issues, including on rule of electing Tbilisi mayor and now expects the Alliance for Georgia to reciprocate and agree on 30% threshold for electing the capital city’s mayor, a senior ruling party lawmaker said on November 20.

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Markets
NASDAQ OMX Launches New Fixed Income Index

21/11/2009 10:40 (12:16 minutes ago)

The FINANCIAL -- NASDAQ OMX Stockholm announces that it has launched a new fixed income index named OMRX All Index, which will act as a benchmark for the Swedish bond and money markets.

INSURANCE
ING restructuring plan approved by European Commission

19/11/2009 12:39 (2 Day 10:17 minutes ago)

The FINANCIAL -- ING announced on November 18 that the European Commission has formally approved the restructuring plan submitted by ING .

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