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.
This led to an agreement between the Government of Armenia and the Central Depository of Armenia, along with AMX (Armenia Securities Exchange), allowing them to be in charge of maintaining the registry of mandatory participants in this new pension system, meaning they are responsible for collecting and fairly distributing the assets reserved for these pension programs.