Disciplinary actions are sanctions and penalties imposed on the participants of the exchange market for any breaches and violations of the legislation, NASDAQ OMX Armenia rules, and other regulations. Disciplinary actions are taken by the Disciplinary Commission – a collegial body established at the stock exchange to investigate violations revealed by the Surveillance Service, or claims filed by market participants.

With an important role to play in preventing and eliminating misconduct and fraudulent behavior in the regulated market, Disciplinary Commission is independent of any other stock exchange body in exercising its functions. For more detailed information on the scope and nature of disciplinary actions and market supervision process please see the Rules on Surveillance .

In this section of the website we post announcements on Disciplinary Commission rulings regarding violations and breaches committed in the market.


2012


13.06.2012. On June 13, 2012 Disciplinary Commission of NASDAQ OMX Armenia made a decision to impose disciplinary sanctions on “Armswissbank” cjsc. More >>


10.04.2012. On April 10, 2012 Disciplinary Commission of NASDAQ OMX Armenia made a decision to impose disciplinary sanctions on “ARMENBROK” ojsc. More >>


28.02.2012. On February 28, 2012 Disciplinary Commission of NASDAQ OMX Armenia made a decision to impose disciplinary sanctions on “Armswissbank” cjsc. More >>


2011


28.12.2011. On December 28, 2011 Disciplinary Commission of NASDAQ OMX Armenia made a decision to impose disciplinary sanctions on “Renesa” CJSC. More >>


28.09.2011. On September 28, 2011 Disciplinary Commission of NASDAQ OMX Armenia made a decision to impose disciplinary sanctions on “Capital Asset Management” CJSC. More >>


17.08.2011. On August 17, 2011 Disciplinary Commission of NASDAQ OMX Armenia made a decision to impose disciplinary sanctions on “Armenbrok” OJSC. More >>


09.08.2011. On July 26, 2011 Disciplinary Commission of NASDAQ OMX Armenia made a decision to impose disciplinary sanctions on “Capital Asset Management” CJSC. More >>


17.06.2011. On June 6, 2011 Disciplinary Commission of NASDAQ OMX Armenia made a decision to impose disciplinary sanctions on “Capital Asset Management” CJSC. More >>


2010


22.10.2010. On October 22, 2010 Disciplinary Commission of NASDAQ OMX Armenia made a decision to impose disciplinary sanctions on “Armswissbank” CJSC. More >>


22.06.2010. On June 22, 2010 Disciplinary Commission of NASDAQ OMX Armenia made a decision to impose disciplinary sanctions on “Renesa” CJSC. More >>


25.02.2010. On February 12, 2010 Disciplinary Commission of NASDAQ OMX Armenia made a decision to impose disciplinary sanctions on “Ameriabank” CJSC. More >>


25.02.2010. On February 12, 2010 Disciplinary Commission of NASDAQ OMX Armenia made a decision to impose disciplinary sanctions on “CASCADE INVESTMENTS” CJSC. More >>


25.02.2010. On February 12, 2010 Disciplinary Commission of NASDAQ OMX Armenia made a decision to impose disciplinary sanctions on “Capital Asset Management” CJSC. More >>


2009


26.12.2009. On November 24, 2009 Disciplinary Commission of NASDAQ OMX Armenia made a decision to impose disciplinary sanctions on “Capital Asset Management” CJSC. More >>


 07.12.2009. On November 24, 2009 Disciplinary Commission of NASDAQ OMX Armenia made a decision to impose disciplinary sanctions on “Capital Asset Management” CJSC. More >>


13.10.2009. On 2 October 2009 the Disciplinary Commission of NASDAQ OMX Armenia made a decision not to impose disciplinary sanctions on "Armswissbank" cjsc, "Capital Asset Management" cjsc, and "Cascade Investments" cjsc. More >>


31.08.2009. On 31 August 2009 the Disciplinary Commission of NASDAQ OMX Armenia made a decision to penalize "Arshininvestbank" cjsc for violating the provisions of the RA Law "On Securities Market". More >>


21.08.2009. On 21 August 2009 the Disciplinary Commission of NASDAQ OMX Armenia made a decision to penalize "AMERIABANK" cjsc for violating the provisions of NASDAQ OMX Armenia "Market Maker Rules". More >>


21.08.2009. On 21 August 2009 the Disciplinary Commission of NASDAQ OMX Armenia made a decision to penalize "RENESA" cjsc for violating the provisions of NASDAQ OMX Armenia "Market Maker Rules". More >>


21.08.2009. On 21 August 2009 the Disciplinary Commission of NASDAQ OMX Armenia made a decision to penalize "ARMSWISSBANK" cjsc for violating the provisions of NASDAQ OMX Armenia "Market Maker Rules". More >>


21.08.2009. On 21 August 2009 the Disciplinary Commission of NASDAQ OMX Armenia made a decision to penalize "Ameria Invest" cjsc for violating the provisions of "Securities Market Law”, the CBA Regulation 4/03 and the Exchange Rules. More >>


15.06.2009. On 9 June 2009 Disciplinary Commission of NASDAQ OMX Armenia JSC made a decision to cancel the decisions N04 dd May 22, 2009 and N05 dd May 25, 2009of Disciplinary Commission of NASDAQ OMX Armenia JSC.  More >>


09.06.2009. On 9 June 2009, the Disciplinary Commission of NASDAQ OMX Armenia made a decision to penalize "Armenbrok" ojsc for violating the provisions of "Securities Market Law”, the CBA Regulation 4/03 and the Exchange Rules. More >>


25.05.2009. On 25 May 2009, the Disciplinary Commission of NASDAQ OMX Armenia made a decision to penalize "ARMSWISSBANK" cjsc for violating the provisions of NASDAQ OMX Armenia "Market Maker Rules". More >>


22.05.2009. On 22 May 2009, the Disciplinary Commission of NASDAQ OMX Armenia made a decision to penalize "ARMSWISSBANK" cjsc for violating the provisions of NASDAQ OMX Armenia "Market Maker Rules". More >>


10.04.2009. On 10 April 2009, the Disciplinary Commission of NASDAQ OMX Armenia made a decision to penalize "Renesa" cjsc for violating the provisions of NASDAQ OMX Armenia "Market Maker Rules". More >>


04.03.2009. On 4 March 2009, the Disciplinary Commission of NASDAQ OMX Armenia made a decision to penalize "Ameria Invest" cjsc for failing to comply with report submission deadlines. More >>


20.02.2009. On 18 February 2009, the Disciplinary Commission of NASDAQ OMX Armenia made a decision to penalize "Renesa" cjsc for violating the provisions of Armex "Market Maker Rules". More >>


2008


17.12.2008. On 17 December 2008, the Disciplinary Commission of the Armenian Stock Exchange made a decision to penalize "Ameriabank" cjsc for violating the provisions of Armex "Market Maker Rules". More >>


08.12.2008. The Disciplinary Commission of the Armenian Stock Exchange decided to penalize "Ameriabank" cjsc for violating the provisions of Armex "Market Maker Rules". More >>


 

Updated as of: 31.03.2017