A SUPPLEMENT TO EUROMONEYPrimary marketFrom the beginning of Poland’s economic transformation a great importance has been attached to reconstructing the capital market. The most important development was the passage of the Act on Public Trading in Securities and Trust Funds on March 22, 1991. The Act created a structure for securities market based on four principles: 1. Paperless system All securities admitted to public trading are kept in book entry form in the National Depository of Securities (NDS). |
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