The Government approved a bill with amendments to the Law on the Capital Market. The initiative aims to institute stricter control on the way the records concerning shareholders of join stock companies are kept, said Iurie Filip, deputy chairman of the National Commission for Financial Markets, IPN reports.

The Commission will produce a single securities register for all the entities of public interest. The independent registrars, economic entities that perform this entrepreneurial activity, will be obliged to report the modification of the shareholders of entities of public interest to the Commission.

According to the authorities, this bill will ensure a higher protection level for investments made in companies registered in Moldova. It will take effect when it is adopted by Parliament.