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Bureau of Securities

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Government Bureau F-22012161

The Bureau of Securities is part of the Ministry of Commerce.

❊ EFF 01 Jan 01
Registry CMC-01 Reg 01 of 05 ΰΌΆ Est 1974
Headquarters Oslola Commsec Regulatory Precinct
Scale 8 offices
5,470 staff
Bureau of Securities
Bureau of the Ministry of Commerce
Employees 5,470
Established 1974
Headquarters Commsec Regulatory Precinct, Oslola
Service Commonwealth Legal Service

The Bureau of Securities (VECSEC) regulates securities in Vekllei, mostly in the Commonwealth Securities Exchange. It advises fiscal decision-making to the Treasury and legislates trade practices in the country, including the issuing and ownership of government bonds and bureau securities. It is part of the Ministry of Commerce.

Since Vekllei citizens do not usually participate in the domestic securities markets, the bureau lacks traditional legal authority over many of the foreign participants in its supervised markets, but does extradite and prosecute financial crime through the EUROVEK and USVEK extradition treaties.

The bureau was established in 1974. The exchange it supervises is the 8th largest equity market in the world and the 4th largest debt market, and most of the debt traded on it is foreign debt held by Commonwealth firms. Almost all of the trading is done by the government, the bureau corporations and foreign investors, since most Commonwealth people are unbanked. The extraditions themselves are arranged through the General Chambers. The Commonwealth has a reputation as a financial capital, mostly for its political neutrality and its position between Europe and the Americas.

Departments 6 departments, 8 offices, 5,470 staff

General Council

Advises the Commonwealth on securities and market conduct.

General Procuratorate

790

Penalties and prosecution of financial offences.

  • Office of Enforcement

    3 stations

General Inspectorate

1,100

Investigation of fraud and corruption in Vekllei markets.

  • Office of Financial Intelligence

    4 stations

Department of Markets

1,540

Supervision of the Commsec and other domestic securities.

  • Office of Securities Markets

    3 stations

  • Office of Commsec Operations

Department of Foreign Markets

980

Foreign investment and government bonds.

  • Office of International Bonds

    2 stations

  • Office of Foreign Investment

Department of Investments & Trusts

1,060

Investments, securities and contracts held by citizens and corporations.

  • Office of Offshore Finance

    2 stations

  • Office of Private Holdings & Trusts

    1 stations
Interwork Detachments What is a detachment?
International Treaties & Agreements Prosecution Detachment
with Ministry of Law, Ministry of the Interior
Joint casework under the EUROVEK and USVEK extradition treaties for financial crime
Constituents 5 bodies
National Patent & Trade Mark Office
Registration of patents and trade marks.
Intellectual Property Arbitration Board
Arbitration of copyright, patent and trade mark disputes before they reach the courts.
Commonwealth Commercial Service
Sale of Vekllei goods abroad; liaison between industry and foreign buyers.
Commonwealth Trade Commission
Liaison with foreign firms trading in Vekllei commodities.
Commonwealth Ratings Corporation
Independent ratings agency for global private and public debt, which also maintains the CRC/CSX 50 index for the Commsec.