The securities market legislation assessment is part of the EBRD's efforts to improve the legal environment in the Bank’s countries of operations. As an international institution with the mandate to assist the countries whose economies are in transition, the EBRD views the development of sound and effective securities market regulatory framework as essential to these countries.
The project represents an initiative of the EBRD to better understand legal developments in countries of operations by gauging the status of their securities market related laws and regulations. Through this project, the EBRD aims to encourage, influence and provide guidance to governments, policy makers and all those in charge of promoting new legislation or the development of securities market related legal reform in the region.
To analyse relevant information in each country, the EBRD devised a checklist with lists of questions covering key aspects of issues concerning the operations of securities market. The EBRD securities market legislation assessment checklist
was developed in 2004 and revised in 2007.
Individual jurisdiction assessments 2007
Previous assessments and reports
Securities market assessment 2005
Report on the 2005 Assessment results

Report on the 2004 Assessment results
