The Bureau of Securities is part of the Ministry of Commerce.
| Bureau of Securities | |
|---|---|
| Bureau of the Ministry of Commerce | |
| Employees | 4,800 |
| Established | 1974 |
| Headquarters | Commsec Regulatory Precinct, Oslola |
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.
Legend
General Council
Advisory board to the Commonwealth on securities policy and market conduct.
General Procuratorate
790Enforcement of penalties and prosecution of financial crimes.
General Inspectorate
1,100Investigations into fraud, abuse and corruption in Vekllei markets.
Department of Markets & Finance
1,540Regulation and monitoring of the Commsec and miscellaneous domestic securities.
Department of International Markets
980Regulation and monitoring of foreign investment and government bonds.
| Body | Remit |
|---|---|
| National Patent & Trademark Office | Registration authority for commercial patents and marks. |
| Intellectual Property Arbitration Board | Mediator for copyright, patent and trademark disputes before litigation. |
| Commonwealth Commercial Service | Promotion of Vekllei products abroad and liaison between industry and foreign partners. |
| Commonwealth Trade Commission | Industrial and commodity liaison for foreign companies. |
| Commonwealth Ratings Corporation | Independent ratings agency for global private and public debt, which also maintains the CRC/CSX 50 index for the Commsec. |
| Reg | Body | Remit | Series | Chart |
|---|---|---|---|---|
| 01▸ | Bureau of Securities | The Bureau of Securities regulates securities and trade practices for the Ministry of Commerce. | bureau | this chart |
| 02 | Bureau of Trade | The Bureau of Trade regulates consumer protection and antitrust law for the Ministry of Commerce. | bureau | CMC-02 |
| 03 | Commonwealth Mint | The Commonwealth Mint is the sole manufacturer of physical currency in Vekllei, as well as gold bullion and security documents. | bureau | CMC-03 |
| 04 | Commonwealth Securities Exchange | The Commonwealth Securities Exchange operates the national securities and commodities markets in Vekllei. | bureau | CMC-04 |
| 05 | Commonwealth Treasury | The Commonwealth Treasury is the national treasury, financial department and monetary authority of the Vekllei government. | bureau | CMC-05 |