sabirJo saqmis safuZvlebi
sabirJo saqmis safuZvlebi
sabirJo saqmis safuZvlebi
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Tavi XIII. <strong>sabirJo</strong> saqmianobis<br />
samarTlebrivi regulireba<br />
1. samarTlebrivi regulirebis arsi, miznebi,<br />
principebi da meTodebi<br />
fasiani qaRaldebis bazari saxelmwifos finansuri resursebis<br />
gadanawilebaSi arsebiT rols asrulebs da aucilebelia<br />
misi normaluri funqcionireba. amitom am bazris<br />
samarTlebrivi regulireba saxelmwifos erT-erTi mniSvnelovani<br />
amocanaa.<br />
fasiani qaRaldebis bazris samarTlebrivi regulireba<br />
aris misi yvela monawilis saqmianobisa da maT Soris ganxorcielebuli<br />
operaciebis iuridiulad mowesrigeba.<br />
igi moicavs bazris:<br />
yvela monawiles (emitentebi, investorebi, profesionali<br />
Suamavlebi, bazris infrastruqturebi);<br />
saqmianobis yvela saxesa da operacias (saemisio, sainvesticio,<br />
saSuamavlo da sxv.).<br />
msoflio praqtikaSi ganasxvaveben fasiani qaRaldebis bazris<br />
samarTlebrivi regulirebis or models:<br />
regulirebis mkacri saxelmwifoebrivi sistema. igi Ziri-<br />
Tadad gavrcelebulia safrangeTSi;<br />
saxelmwifos sakontrolo poziciebis SenarCunebasTan<br />
erTad regulirebis mniSvnelovani uflebamosilebebis TviTregulirebad<br />
organizaciebze gadacema. amasTan, didi yuradReba<br />
eqceva dadgenil tradiciebsa da molaparakebis sistemas.<br />
aseTi midgoma Camoyalibda did britaneTSi.<br />
qveyanaTa umravlesoba Sualedur variants irCevs.<br />
fasiani qaRaldebis bazrebis regulirebis msoflio praqtika<br />
aseTia: ganviTarebuli qveynebis naxevars Seqmnili aqvs<br />
fasiani qaRaldebis damoukidebeli uwyebebi, qveynebis 15% maT<br />
regulirebas finansTa saministroebiT axorcielebs, xolo<br />
15% _ Sereul midgomas irCevs. zogierT qveyanaSi (mag., germania,<br />
belgia, avstria) safondo bazrebis ganviTarebaze<br />
ZiriTadi pasuxismgebloba centralur bankebs akisriaT. mag.,<br />
aSS-isaTvis damaxasiaTebelia TviTregulirebis gaZlierebuli<br />
sistema.<br />
fasiani qaRaldebis bazris samarTlebrivi regulireba moicavs:<br />
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