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Republic of Lithuania Law Amending Article 42 and Annex 2 to the Law on the Bank of Lithuania No I-678

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REPUBLIC OF LITHUANIA LAW

AMENDING ARTICLE 42 AND ANNEX 2

TO THE LAW ON THE BANK OF LITHUANIA No I-678

 

18 December 2014 No XII-1473

Vilnius

 

 

 

Article 1. Amendment of Article 42

1. Article 42(2)(4) shall be amended and set forth to read as follows:

4) perform the supervision of financial brokerage firms, financial advisor firms, operators of regulated markets, management companies, investment companies, depositories, branches of foreign financial brokerage firms and management companies established in the Republic of Lithuania, pension associations, investment holding companies and issuers and fulfil other functions assigned to the Bank of Lithuania by the Republic of Lithuania Law on Markets in Financial Instruments, Law on Securities, Law on Management Companies of Collective Investment Undertakings, Law on Collective Investment Undertakings for Informed Investors, Law on Management Companies of Collective Investment Undertakings for Professional Investors, Law on Supplementary Voluntary Pension Accumulation, Law on Pension Accumulation, Law on Occupational Pension Accumulation, Law on Investment Holding Companies;".

2. Article 42(2) shall be supplemented with point 10 as follows:

"10) fulfil functions assigned to the competent authority by the (EC) No 1060/2009 ."

 

Article 2. Amendment of Annex 2 to the Law

Annex 2 to the Law shall be supplemented with point 9 as follows:

"9. Regulation (EC) No 1060/2009 of the European Parliament and of the Council of 16 September 2009 on credit rating agencies (OJ 2009 L 302, p. 1), with the latest amendments done by Regulation (EU) No 462/2013 of the European Parliament and of the Council of 21 May 2013 (OJ 2013 L 146, p. 1)."

 

 

Article 3. Entry into force of the Law

This Law shall enter into force on 1 January 2015.

 

 

 

 

I promulgate this Law passed by the Seimas of the Republic of Lithuania.

 

 

 

PRESIDENT OF THE REPUBLIC                                                    DALIA GRYBAUSKAITÄ–