Regulation of institutional investors’ activity in the Republic of Moldova: problems and new challenges for the development of domestic capital market
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"Victor Slăvescu" Centre for Financial and Monetary Research
Abstract
Legal framework is a key element for the development of the capital market that is why it is important for the regulation body to implement the best practices in order to ease the activity of market participants, but, at the same time, not to affect the secure functioning of the economy. The article analysis the role of the National Commission of Financial Market in regulating the activity of institutional investors on the capital market of Moldova and presents an estimation of the domestic legal and institutional framework from the point of view of main existent problems that negatively influence the activity of institutional investors. Also there are given some recommendations for the development of capital market regulation in the Republic of Moldova.
Description
Bibliogr.: p. 109 (4 titl.). JEL classification: G1, G18, G23.
Citation
IORDACHI, Victoria, TIMUS, Angela, FALA, Victoria. Regulation of institutional investors’ activity in the Republic of Moldova: problems and new challenges for the development of domestic capital market. In: Journal of Financial and Monetary Economics. 2015, no. 2, pp. 104-109. ISSN 2392-9685; ISSN L 2392-9685.