Close relatives can be banned from jointly working in the same state-run lending agency

1 year ago Web Desk 0

A sitting of the Majlisi Namoyandagon Council, presided over by Majlisi Namoyandagon Speaker, Muhammattoir Zokirzoda, took place on June 22.

 

“The amendments proposed to the country’s law on the banking activity, in particular, provide for banning close relatives from jointly working in state-run lending agencies,” Muhammadato Sultonov, a spokesman of the Majlisi Namoyandagon, told Asia-Plus in an interview.

 

According to him, the amendments aim to strengthen control over activities of banks and bringing Tajikistan’s laws in compliance with international standards.

 

The Majlisi Namoyandagon Council also discussed a bill on the compulsory civil liability insurance of vehicles owners, Sultonov said.

 

The purpose of compulsory civil liability insurance of vehicle owners is to ensure insurance payments, legal protection of insured victims or beneficial owners in case of damage caused to them by a traffic accident.

 

Source: Asia Plus