Constitutional Court Halts Stock Exchange Management Losing Licenses

Ljubljana, 24 November - The Constitutional Court has withheld the implementation of the securities market act provision setting down that the Securities Market Agency (ATVP) can take away licenses from members of the stock exchange management if they have abused their office. As a consequence, ATVP will be unable to issue a decree to strip Director of the Ljubljana Stock Exchange Drasko Veselinovic and board member Tomaz Rotar of their licenses until the court passes a final ruling.