CHAPTER VIRESTRICTIONS ON FINANCIAL SERVICES
Article 24
It shall be prohibited:
- (a)
to sell or purchase Syrian public or public-guaranteed bonds issued after 19 January 2012, directly or indirectly, to or from any of the following:
- (i)
the State of Syria or its Government, and its public bodies, corporations and agencies;
- (ii)
any Syrian credit or financial institution;
- (iii)
a natural person or a legal person, entity or body acting on behalf or at the direction of a legal person, entity or body referred to in (i) or (ii);
- (iv)
a legal person, entity or body owned or controlled by a person, entity or body referred to in (i), (ii) or (iii);
- (i)
- (b)
to provide brokering services with regard to Syrian public or public-guaranteed bonds issued after 19 January 2012, to a person, entity or body referred to in point (a);
- (c)
to assist a person, entity or body referred to in point (a) in order to issue Syrian public or public-guaranteed bonds, by providing brokering services, advertising or any other service with regard to such bonds.