Stock Exchange Regulation
The first commodity exchanges in Romania were founded 135 years ago, following the initiative of the Chamber of Commerce and Industry. The arguments that stood for the need of setting up an exchange, in order to settle the exchange rates, currencies and equity, based on supply and demand, were included in a memo submitted to the Ministry of Agriculture, Commerce and Public Works, which described the latest evolution of the public equity trade.
Consequently, the Official Journal of Romania, dated 12th – 24th December 1882, published the following: The Opening, on December, 1st, of The Trade Exchange under the Chamber of Commerce of District V, with its headquarters in Bucharest.
After almost one and a half century, the Chamber of Commerce and Industry of Romania becomes again the “supervisor” of commodity exchanges in Romania, having as duties to approve, supervise, control and sanction commodity exchanges in Romania, under the provisions of Law no 357/2005.
CCIR is actively involved in activities meant to provide efficiency and transparency upon the economic trades, in order to develop the business environment.
The following act governs the activity of the Chamber System in Romania:
The Law of Romanian Chambers of Commerce – Law 335/2007 (available only in Romanian)
And these are the acts by which the Chamber System in Romania is organized and operated:
Framework Regulation for the organization and functioning of the National Committees within the National Chamber (available only in Romanian)
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Studies, Statistics, Analysis
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