According to the new legislation, the Government of Armenia made an agreement with the Central Depository of Armenia and AMX (Armenia Securities Exchange) to allow these organizations to be in charge of the registry of the mandatory participants of this new pension system, meaning these organizations are responsible for collecting and properly allocating the assets that are set aside for these pension programs.
Under the new regulations, the Government of Armenia collaborated with the Central Depository of Armenia and AMX (Armenia Securities Exchange) to permit them to manage the registry of participants required in this new pension system, indicating they are responsible for collecting and equitably allocating the funds set aside for these pension plans.