Banking Sector and Capital Market Development Program

The process of translating drafts of the Law on the Securities Market from English into Russian and back into English affected its readability in English. Achieving a reasonable and consistent standard of translation into both Russian and English remained a problem. Once the final version of the draft law has been adopted, it would be desirable if an official English translation could be produced for the benefit of ADB, foreign investors, and other interested parties. In the meantime, an accurate consolidated translation of the final draft of the law should also be produced for the records of the technical assistance (TA).