{"id":27256,"date":"2026-10-23T13:25:28","date_gmt":"2026-10-23T12:25:28","guid":{"rendered":"https:\/\/lindemannlaw.ch\/?p=27256"},"modified":"2026-10-23T21:02:41","modified_gmt":"2026-10-23T20:02:41","slug":"%d9%87%d9%8a%d8%a7%d9%83%d9%84-%d8%b5%d9%86%d8%a7%d8%af%d9%8a%d9%82-%d9%85%d8%a7%d9%84%d8%b7%d8%a7-%d9%84%d9%85%d8%af%d9%8a%d8%b1%d9%8a-%d8%a7%d9%84%d8%a3%d8%b5%d9%88%d9%84-%d8%a7%d9%84%d8%b3%d9%88","status":"publish","type":"post","link":"https:\/\/lindemannlaw.ch\/ar\/%d8%ba%d9%8a%d8%b1-%d9%85%d8%b5%d9%86%d9%81\/%d9%87%d9%8a%d8%a7%d9%83%d9%84-%d8%b5%d9%86%d8%a7%d8%af%d9%8a%d9%82-%d9%85%d8%a7%d9%84%d8%b7%d8%a7-%d9%84%d9%85%d8%af%d9%8a%d8%b1%d9%8a-%d8%a7%d9%84%d8%a3%d8%b5%d9%88%d9%84-%d8%a7%d9%84%d8%b3%d9%88\/","title":{"rendered":"\u0647\u064a\u0627\u0643\u0644 \u0635\u0646\u0627\u062f\u064a\u0642 \u0645\u0627\u0644\u0637\u0627 \u0644\u0645\u062f\u064a\u0631\u064a \u0627\u0644\u0623\u0635\u0648\u0644 \u0627\u0644\u0633\u0648\u064a\u0633\u0631\u064a\u064a\u0646"},"content":{"rendered":"
\n
\n

\u0645\u0644\u062e\u0635 Swiss-Malta Alternative Investment Forum \u0627\u0644\u0630\u064a \u0639\u064f\u0642\u062f \u0641\u064a 22 \u0623\u0643\u062a\u0648\u0628\u0631 2026<\/h2>\n
<\/div>\n
\"LINDEMANNLAW\"\"FinanceMalta\"\"Malta\"BOV\"Zarattini<\/div>\n<\/div>\n

\u0645\u0627 \u0647\u064a \u0627\u0644\u0635\u0646\u0627\u062f\u064a\u0642 \u0648\u0627\u0644\u0647\u064a\u0627\u0643\u0644 \u0627\u0644\u0645\u0627\u0644\u064a\u0629 \u0627\u0644\u0645\u0627\u0644\u0637\u064a\u0629 \u0627\u0644\u062a\u064a \u062a\u0633\u062a\u062d\u0642 \u062f\u0631\u0627\u0633\u0629 \u0645\u062a\u0639\u0645\u0642\u0629 \u0645\u0646 \u0642\u0628\u0644 \u0645\u062f\u064a\u0631\u064a \u0627\u0644\u0623\u0635\u0648\u0644 \u0627\u0644\u0633\u0648\u064a\u0633\u0631\u064a\u064a\u0646 \u0648\u0645\u0643\u0627\u062a\u0628 \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u062b\u0631\u0648\u0627\u062a \u0627\u0644\u0639\u0627\u0626\u0644\u064a\u0629 \u0648\u0627\u0644\u0645\u0633\u062a\u062b\u0645\u0631\u064a\u0646 \u0627\u0644\u0645\u062d\u062a\u0631\u0641\u064a\u0646\u061f \u0641\u064a \u00abSwiss-Malta Alternative Investment Forum\u00bb \u0627\u0644\u0630\u064a \u0639\u064f\u0642\u062f \u0641\u064a 22 \u0623\u0643\u062a\u0648\u0628\u0631 2026\u060c \u0646\u0627\u0642\u0634 \u0645\u062a\u062e\u0635\u0635\u0648\u0646 \u0645\u0646 LINDEMANNLAW \u0648FinanceMalta \u0648\u0647\u064a\u0626\u0629 \u0627\u0644\u062e\u062f\u0645\u0627\u062a \u0627\u0644\u0645\u0627\u0644\u064a\u0629 \u0627\u0644\u0645\u0627\u0644\u0637\u064a\u0629 (MFSA) \u0648BOV Fund Services \u0648Zarattini International \u0645\u0633\u0623\u0644\u0629 \u0627\u062e\u062a\u064a\u0627\u0631 \u0648\u062a\u0646\u0641\u064a\u0630 \u0647\u064a\u0627\u0643\u0644 PIF \u0648NPIF \u0648NAIF\u060c \u0628\u0627\u0644\u0625\u0636\u0627\u0641\u0629 \u0625\u0644\u0649 \u062a\u0631\u062a\u064a\u0628\u0627\u062a \u0645\u0643\u0627\u062a\u0628 \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u062b\u0631\u0648\u0627\u062a \u0627\u0644\u0639\u0627\u0626\u0644\u064a\u0629 \u0648\u0627\u0644\u0645\u0633\u0627\u0626\u0644 \u0627\u0644\u062a\u0634\u063a\u064a\u0644\u064a\u0629 \u0627\u0644\u0645\u0631\u062a\u0628\u0637\u0629 \u0628\u0647\u0627.<\/p>\n

\u062a\u0646\u0627\u0648\u0644\u062a \u0648\u0631\u0634\u0629 \u0627\u0644\u0639\u0645\u0644 \u0627\u0644\u062a\u064a \u0623\u064f\u062c\u0631\u064a\u062a \u0628\u0627\u0644\u0644\u063a\u0629 \u0627\u0644\u0625\u0646\u062c\u0644\u064a\u0632\u064a\u0629\u060c \u0648\u0627\u0644\u062a\u064a \u0623\u062f\u0627\u0631\u0647\u0627 \u0627\u0644\u062f\u0643\u062a\u0648\u0631 Alexander Schiemenz \u0645\u0646 \u0634\u0631\u0643\u0629 LINDEMANNLAW \u0648Joseph Camilleri \u0645\u0646 FinanceMalta\u060c \u0643\u064a\u0641\u064a\u0629 \u062a\u0642\u064a\u064a\u0645 \u0645\u062f\u064a\u0631\u064a \u0627\u0644\u0623\u0635\u0648\u0644 \u0627\u0644\u0633\u0648\u064a\u0633\u0631\u064a\u064a\u0646 \u0648\u0645\u0643\u0627\u062a\u0628 \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u062b\u0631\u0648\u0627\u062a \u0627\u0644\u0639\u0627\u0626\u0644\u064a\u0629 \u0644\u0645\u0627\u0644\u0637\u0627 \u0643\u0642\u0627\u0639\u062f\u0629 \u0644\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631\u0627\u062a \u0627\u0644\u0628\u062f\u064a\u0644\u0629. \u0648\u062a\u0646\u0627\u0648\u0644\u062a \u0627\u0644\u0645\u0646\u0627\u0642\u0634\u0629 \u0645\u0648\u0627\u0636\u064a\u0639 \u0645\u062a\u0646\u0648\u0639\u0629 \u0628\u062f\u0621\u064b\u0627 \u0645\u0646 \u0647\u064a\u0627\u0643\u0644 PIF \u0648NPIF \u0648NAIF \u0648\u0635\u0648\u0644\u0627\u064b \u0625\u0644\u0649 \u062a\u0631\u062a\u064a\u0628\u0627\u062a \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u062b\u0631\u0648\u0627\u062a \u0627\u0644\u0639\u0627\u0626\u0644\u064a\u0629 \u0648\u0627\u0644\u0623\u0635\u0648\u0644 \u0627\u0644\u0645\u064f\u0631\u0645\u0632\u0629.<\/p>\n

\u0627\u0644\u0635\u064a\u063a\u0629 \u0627\u0644\u0645\u0642\u062a\u0631\u062d\u0629 \u0644\u0644\u0645\u0631\u0627\u062c\u0639\u0629: \u062a\u0635\u0631\u064a\u062d\u0627\u062a \u0627\u0644\u0645\u062a\u062d\u062f\u062b\u064a\u0646 \u0642\u064a\u062f \u0627\u0644\u0645\u0648\u0627\u0641\u0642\u0629\u061b \u0648\u064a\u064f\u0639\u062f \u0628\u064a\u0627\u0646 \u00ab\u0645\u0643\u062a\u0628 \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u062b\u0631\u0648\u0627\u062a \u0627\u0644\u0639\u0627\u0626\u0644\u064a\u0629\u00bb \u0645\u062b\u0627\u0644\u0627\u064b \u062a\u0648\u0636\u064a\u062d\u064a\u064b\u0651\u0627\u060c \u0648\u0644\u064a\u0633 \u062a\u0639\u0644\u064a\u0642\u064b\u0627 \u0645\u0646 \u0645\u0634\u0627\u0631\u0643 \u0645\u062d\u062f\u062f.<\/strong><\/p>\n

\n

\u064a\u0633\u062a\u0641\u064a\u062f \u0627\u0644\u062d\u0648\u0627\u0631 \u0628\u064a\u0646 \u0633\u0648\u064a\u0633\u0631\u0627 \u0648\u0645\u0627\u0644\u0637\u0627 \u0645\u0646 \u0627\u0644\u0646\u0638\u0631 \u0641\u064a \u0627\u0644\u0645\u0633\u0627\u0626\u0644 \u0627\u0644\u0642\u0627\u0646\u0648\u0646\u064a\u0629 \u0648\u0627\u0644\u062a\u0646\u0638\u064a\u0645\u064a\u0629 \u0648\u0627\u0644\u062a\u0634\u063a\u064a\u0644\u064a\u0629 \u0628\u0634\u0643\u0644 \u0645\u062a\u0643\u0627\u0645\u0644. \u0648\u0642\u062f \u062c\u0645\u0639 \u0627\u0644\u0645\u0646\u062a\u062f\u0649 \u0647\u0630\u0647 \u0648\u062c\u0647\u0627\u062a \u0627\u0644\u0646\u0638\u0631 \u062d\u0648\u0644 \u0637\u0627\u0648\u0644\u0629 \u0648\u0627\u062d\u062f\u0629.<\/p>\n

\"JosephJoseph Camilleri<\/strong>
\nGovernor, Funds & Asset Servicing Industry, FinanceMalta<\/p>\n<\/div>\n

\n

\u062a\u062d\u0642\u0642 \u0647\u064a\u0627\u0643\u0644 \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631 \u0639\u0628\u0631 \u0627\u0644\u062d\u062f\u0648\u062f \u0623\u0641\u0636\u0644 \u0623\u062f\u0627\u0621\u064b \u0639\u0646\u062f\u0645\u0627 \u064a\u062a\u0645 \u0627\u0644\u0646\u0638\u0631 \u0625\u0644\u0649 \u0627\u0644\u0645\u0634\u0648\u0631\u0629 \u0627\u0644\u0642\u0627\u0646\u0648\u0646\u064a\u0629 \u0648\u0627\u0644\u0644\u0648\u0627\u0626\u062d \u0627\u0644\u062a\u0646\u0638\u064a\u0645\u064a\u0629 \u0648\u0627\u0644\u062a\u0646\u0641\u064a\u0630 \u0627\u0644\u064a\u0648\u0645\u064a \u0643\u0643\u0644\u064d \u0645\u062a\u0643\u0627\u0645\u0644. \u0648\u0642\u062f \u0639\u0645\u0644 \u0627\u0644\u0645\u0646\u062a\u062f\u0649 \u0639\u0644\u0649 \u0631\u0628\u0637 \u0647\u0630\u0647 \u0627\u0644\u062c\u0648\u0627\u0646\u0628 \u0645\u0639\u064b\u0627 \u0644\u0635\u0627\u0644\u062d \u0645\u062f\u064a\u0631\u064a \u0627\u0644\u0623\u0635\u0648\u0644 \u0648\u0645\u0643\u0627\u062a\u0628 \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u062b\u0631\u0648\u0627\u062a \u0627\u0644\u0639\u0627\u0626\u0644\u064a\u0629 \u0627\u0644\u0633\u0648\u064a\u0633\u0631\u064a\u0629.<\/p>\n

\"Dr.Dr. iur. Alexander Schiemenz<\/strong>
\nManaging Partner, LINDEMANNLAW<\/p>\n<\/div>\n

\u0627\u0628\u062f\u0623 \u0628\u0627\u0644\u0645\u0633\u062a\u062b\u0645\u0631\u064a\u0646 \u0648\u0627\u0633\u062a\u0631\u0627\u062a\u064a\u062c\u064a\u0629 \u0627\u0644\u062a\u0648\u0632\u064a\u0639<\/h2>\n

\u0642\u0627\u0645\u062a \u0627\u0644\u062f\u0643\u062a\u0648\u0631\u0629 Tatiana Zakharova\u060c \u0627\u0644\u0634\u0631\u064a\u0643\u0629 \u0641\u064a \u0634\u0631\u0643\u0629 LINDEMANNLAW\u060c \u0628\u0645\u0642\u0627\u0631\u0646\u0629 \u0635\u0646\u0627\u062f\u064a\u0642 \u0627\u0644\u0645\u0633\u062a\u062b\u0645\u0631\u064a\u0646 \u0627\u0644\u0645\u062d\u062a\u0631\u0641\u064a\u0646 (PIFs) \u0648\u0635\u0646\u0627\u062f\u064a\u0642 \u0627\u0644\u0645\u0633\u062a\u062b\u0645\u0631\u064a\u0646 \u0627\u0644\u0645\u062d\u062a\u0631\u0641\u064a\u0646 \u0627\u0644\u0645\u064f\u0628\u0644\u063a \u0639\u0646\u0647\u0627 (NPIFs) \u0648\u0635\u0646\u0627\u062f\u064a\u0642 \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631 \u0627\u0644\u0628\u062f\u064a\u0644\u0629 \u0627\u0644\u0645\u064f\u0628\u0644\u063a \u0639\u0646\u0647\u0627 (NAIFs). \u0648\u0644\u0627 \u064a\u0642\u062a\u0635\u0631 \u0627\u0644\u0627\u062e\u062a\u064a\u0627\u0631 \u0639\u0644\u0649 \u0645\u062c\u0631\u062f \u0627\u0633\u0645 \u0627\u0644\u0635\u0646\u062f\u0648\u0642 \u0641\u062d\u0633\u0628\u060c \u0628\u0644 \u0625\u0646 \u0627\u0644\u0639\u0648\u0627\u0645\u0644 \u0627\u0644\u0623\u062e\u0631\u0649 \u0645\u062b\u0644: \u0645\u0646 \u064a\u062d\u0642 \u0644\u0647 \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631\u060c \u0648\u0643\u064a\u0641\u064a\u0629 \u062a\u0639\u064a\u064a\u0646 \u0627\u0644\u0645\u062f\u064a\u0631\u060c \u0648\u0623\u064a\u0646 \u0633\u064a\u062a\u0645 \u062a\u0633\u0648\u064a\u0642 \u0627\u0644\u0635\u0646\u062f\u0648\u0642\u060c \u0648\u0645\u0642\u062f\u0645\u064a \u0627\u0644\u062e\u062f\u0645\u0627\u062a \u0627\u0644\u0645\u0637\u0644\u0648\u0628\u064a\u0646\u060c \u0643\u0644\u0647\u0627 \u0623\u0645\u0648\u0631 \u0630\u0627\u062a \u0623\u0647\u0645\u064a\u0629.<\/p>\n

\u0623\u0648\u0636\u062d\u062a Giulia Gaddari \u0645\u0646 \u0647\u064a\u0626\u0629 \u0627\u0644\u062e\u062f\u0645\u0627\u062a \u0627\u0644\u0645\u0627\u0644\u064a\u0629 \u0627\u0644\u0645\u0627\u0644\u0637\u064a\u0629 (MFSA) \u0643\u064a\u0641 \u064a\u0645\u0643\u0646 \u0644\u0645\u062f\u064a\u0631 \u0627\u0633\u062a\u062b\u0645\u0627\u0631\u0627\u062a \u0633\u0648\u064a\u0633\u0631\u064a \u0627\u0644\u0645\u0634\u0627\u0631\u0643\u0629 \u0641\u064a \u062a\u0631\u062a\u064a\u0628\u0627\u062a \u0645\u062e\u062a\u0644\u0641\u0629. \u0648\u0639\u0646\u062f\u0645\u0627 \u064a\u0643\u0648\u0646 \u0627\u0644\u062a\u0648\u0632\u064a\u0639 \u0641\u064a \u0627\u0644\u0645\u0646\u0637\u0642\u0629 \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629 \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a\u0629 (EEA) \u0623\u0648\u0644\u0648\u064a\u0629\u060c \u0642\u062f \u064a\u0643\u0648\u0646 \u0645\u0646 \u0627\u0644\u0645\u0646\u0627\u0633\u0628 \u0627\u0639\u062a\u0645\u0627\u062f \u0647\u064a\u0643\u0644 \u0635\u0646\u062f\u0648\u0642 \u0627\u0633\u062a\u062b\u0645\u0627\u0631 \u0628\u062f\u064a\u0644 (AIF) \u0645\u0639 \u0645\u062f\u064a\u0631 \u0635\u0646\u0627\u062f\u064a\u0642 \u0627\u0633\u062a\u062b\u0645\u0627\u0631 \u0628\u062f\u064a\u0644\u0629 (AIFM) \u0645\u0631\u062e\u0635 \u0644\u0647 \u0641\u064a \u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a \u0648\u062a\u0631\u062a\u064a\u0628\u0627\u062a \u062a\u0641\u0648\u064a\u0636 \u0645\u0646\u0627\u0633\u0628\u0629. \u0648\u0644\u0627 \u064a\u0645\u0646\u062d NPIF \u0628\u062d\u062f \u0630\u0627\u062a\u0647 \u062c\u0648\u0627\u0632 \u062a\u0633\u0648\u064a\u0642 \u0628\u0645\u0648\u062c\u0628 \u062a\u0648\u062c\u064a\u0647 \u0635\u0646\u0627\u062f\u064a\u0642 \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631 \u0627\u0644\u0628\u062f\u064a\u0644\u0629 (AIFMD)\u061b \u0648\u064a\u0638\u0644 \u0627\u0644\u062a\u0633\u0648\u064a\u0642 \u062e\u0627\u0631\u062c \u0645\u0627\u0644\u0637\u0627 \u062e\u0627\u0636\u0639\u064b\u0627 \u0644\u0642\u0648\u0627\u0639\u062f \u0627\u0644\u0648\u0644\u0627\u064a\u0629 \u0627\u0644\u0642\u0636\u0627\u0626\u064a\u0629 \u0627\u0644\u0645\u0642\u0635\u0648\u062f\u0629. [1, 2]<\/p>\n

\n

\u064a\u062c\u0628 \u0623\u0646 \u062a\u062a\u0646\u0627\u0633\u0628 \u0628\u0646\u064a\u0629 \u0627\u0644\u0635\u0646\u062f\u0648\u0642 \u0645\u0639 \u0627\u0644\u0645\u0634\u0631\u0648\u0639. \u0648\u062a\u0633\u0627\u0639\u062f \u0627\u0644\u0645\u0642\u0627\u0631\u0646\u0629 \u0628\u064a\u0646 PIF \u0648NPIF \u0648NAIF \u0639\u0644\u0649 \u0625\u062f\u0631\u0627\u062c \u0627\u0644\u0645\u062a\u0637\u0644\u0628\u0627\u062a \u0627\u0644\u0642\u0627\u0646\u0648\u0646\u064a\u0629 \u0648\u062c\u0648\u0627\u0646\u0628 \u0627\u0644\u062a\u0646\u0641\u064a\u0630 \u0627\u0644\u0639\u0645\u0644\u064a \u0641\u064a \u0627\u0644\u0646\u0642\u0627\u0634 \u0645\u0646\u0630 \u0627\u0644\u0628\u062f\u0627\u064a\u0629.<\/p>\n

\"Dr.Dr. Tatiana Zakharova, LL.M.<\/strong>
\nPartner, LINDEMANNLAW<\/p>\n<\/div>\n

\u062e\u064a\u0627\u0631\u0627\u062a \u0623\u0648\u0633\u0639 \u0645\u0646 \u0627\u0644\u0623\u0634\u0643\u0627\u0644 \u0627\u0644\u0642\u0627\u0646\u0648\u0646\u064a\u0629<\/h2>\n

\u0643\u0645\u0627 \u0639\u0631\u0636\u062a Giulia Gaddari \u00abSpecial Limited Partnership Fund\u00bb\u060c \u0648\u0647\u0648 \u0643\u064a\u0627\u0646 \u0642\u0627\u0646\u0648\u0646\u064a \u0623\u064f\u0637\u0644\u0642 \u0641\u064a \u0639\u0627\u0645 2025 \u062f\u0648\u0646 \u0634\u062e\u0635\u064a\u0629 \u0627\u0639\u062a\u0628\u0627\u0631\u064a\u0629 \u0645\u0633\u062a\u0642\u0644\u0629. \u0648\u064a\u0636\u064a\u0641 \u0647\u0630\u0627 \u0627\u0644\u0635\u0646\u062f\u0648\u0642 \u062e\u064a\u0627\u0631\u064b\u0627 \u0642\u0627\u0626\u0645\u064b\u0627 \u0639\u0644\u0649 \u0627\u0644\u0634\u0631\u0627\u0643\u0629 \u0644\u0647\u064a\u0627\u0643\u0644 \u0627\u0644\u0635\u0646\u0627\u062f\u064a\u0642 \u063a\u064a\u0631 \u0627\u0644\u0645\u062e\u0635\u0635\u0629 \u0644\u0644\u0639\u0645\u0644\u0627\u0621 \u0627\u0644\u0623\u0641\u0631\u0627\u062f\u060c \u0628\u0645\u0627 \u0641\u064a \u0630\u0644\u0643 \u0627\u0633\u062a\u0631\u0627\u062a\u064a\u062c\u064a\u0627\u062a \u0645\u062b\u0644 \u0627\u0644\u0623\u0633\u0647\u0645 \u0627\u0644\u062e\u0627\u0635\u0629 \u0648\u0631\u0623\u0633 \u0627\u0644\u0645\u0627\u0644 \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631\u064a. \u0648\u064a\u064f\u0639\u062f \u0627\u062e\u062a\u064a\u0627\u0631 \u0627\u0644\u0634\u0643\u0644 \u0627\u0644\u0642\u0627\u0646\u0648\u0646\u064a \u0648\u0627\u062e\u062a\u064a\u0627\u0631 \u0627\u0644\u0645\u0633\u0627\u0631 \u0627\u0644\u062a\u0646\u0638\u064a\u0645\u064a \u0642\u0631\u0627\u0631\u064a\u0646 \u0645\u062a\u0631\u0627\u0628\u0637\u064a\u0646\u060c \u0644\u0643\u0646\u0647\u0645\u0627 \u0644\u064a\u0633\u0627 \u0646\u0641\u0633 \u0627\u0644\u0642\u0631\u0627\u0631. [3]<\/p>\n

\u0627\u0644\u062b\u0631\u0648\u0629 \u0627\u0644\u0639\u0627\u0626\u0644\u064a\u0629 \u062a\u062a\u0637\u0644\u0628 \u062a\u0635\u0645\u064a\u0645\u064b\u0627 \u062e\u0627\u0635\u064b\u0627 \u0628\u0647\u0627<\/h2>\n

\u062a\u0646\u0627\u0648\u0644\u062a \u0645\u0646\u0627\u0642\u0634\u0629 \u0645\u0643\u0627\u062a\u0628 \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u062b\u0631\u0648\u0627\u062a \u0627\u0644\u0639\u0627\u0626\u0644\u064a\u0629 \u0627\u0644\u0635\u0646\u0627\u062f\u064a\u0642 \u0648\u0627\u0644\u0635\u0646\u0627\u062f\u064a\u0642 \u0627\u0644\u0627\u0633\u062a\u0626\u0645\u0627\u0646\u064a\u0629 \u0648\u0627\u0644\u0645\u0624\u0633\u0633\u0627\u062a \u0627\u0644\u062e\u0627\u0635\u0629 \u0628\u0627\u0639\u062a\u0628\u0627\u0631\u0647\u0627 \u0623\u062f\u0648\u0627\u062a \u0645\u062e\u062a\u0644\u0641\u0629 \u0644\u062a\u0646\u0638\u064a\u0645 \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631\u0627\u062a \u0648\u0627\u0644\u062d\u0648\u0643\u0645\u0629. \u0648\u0648\u0635\u0641\u062a Zakharova \u0643\u064a\u0641 \u064a\u0645\u0643\u0646 \u0644\u0644\u0635\u0646\u062f\u0648\u0642 \u0623\u0646 \u064a\u0633\u0627\u0639\u062f \u0641\u064a \u062a\u062c\u0645\u064a\u0639 \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631\u0627\u062a \u0648\u062a\u0648\u0641\u064a\u0631 \u0642\u0648\u0627\u0639\u062f \u0648\u0627\u0636\u062d\u0629 \u0644\u0644\u062a\u0642\u064a\u064a\u0645 \u0648\u0627\u0644\u0645\u0634\u0627\u0631\u0643\u0629\u060c \u0641\u064a \u062d\u064a\u0646 \u0623\u0646 \u0627\u0644\u0645\u0624\u0633\u0633\u0629 \u0627\u0644\u062e\u0627\u0635\u0629 \u0642\u062f \u062a\u0644\u0628\u064a \u0627\u062d\u062a\u064a\u0627\u062c\u0627\u062a \u0645\u062e\u062a\u0644\u0641\u0629 \u062a\u062a\u0639\u0644\u0642 \u0628\u0627\u0644\u0645\u0644\u0643\u064a\u0629 \u0648\u0627\u0644\u0645\u0633\u062a\u0641\u064a\u062f\u064a\u0646.<\/p>\n

\u0646\u0627\u0642\u0634\u062a Giulia Gaddari \u0627\u0644\u062a\u0631\u062a\u064a\u0628\u0627\u062a \u0627\u0644\u0645\u062d\u062f\u062f\u0629 \u0627\u0644\u062a\u064a \u064a\u0648\u0641\u0631\u0647\u0627 NPIF \u0644\u0644\u0647\u064a\u0627\u0643\u0644 \u0627\u0644\u0645\u0624\u0647\u0644\u0629 \u0644\u0645\u0643\u0627\u062a\u0628 \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u062b\u0631\u0648\u0627\u062a \u0627\u0644\u0639\u0627\u0626\u0644\u064a\u0629 \u0627\u0644\u0641\u0631\u062f\u064a\u0629. \u0648\u062a\u0639\u062f \u0634\u0631\u0648\u0637 \u0627\u0644\u0623\u0647\u0644\u064a\u0629 \u0647\u0630\u0647 \u0630\u0627\u062a \u0623\u0647\u0645\u064a\u0629: \u0641\u0627\u0644\u0639\u0627\u0626\u0644\u0629 \u0627\u0644\u062a\u064a \u062a\u0633\u062a\u062b\u0645\u0631 \u062b\u0631\u0648\u062a\u0647\u0627 \u0627\u0644\u062e\u0627\u0635\u0629 \u0644\u0627 \u062a\u0639\u0627\u062f\u0644 \u062a\u0644\u0642\u0627\u0626\u064a\u064b\u0627 \u0627\u0644\u0645\u0631\u0648\u062c \u0627\u0644\u0630\u064a \u064a\u062c\u0645\u0639 \u0627\u0644\u0623\u0645\u0648\u0627\u0644 \u0645\u0646 \u0645\u0633\u062a\u062b\u0645\u0631\u064a\u0646 \u062e\u0627\u0631\u062c\u064a\u064a\u0646. \u0648\u062a\u062a\u0645\u062b\u0644 \u0646\u0642\u0637\u0629 \u0627\u0644\u0627\u0646\u0637\u0644\u0627\u0642 \u0641\u064a \u0627\u062d\u062a\u064a\u0627\u062c\u0627\u062a \u0627\u0644\u0639\u0627\u0626\u0644\u0629\u060c \u062b\u0645 \u0627\u0644\u0647\u064a\u0627\u0643\u0644 \u0648\u0627\u0644\u0645\u0633\u0624\u0648\u0644\u064a\u0627\u062a \u0627\u0644\u0645\u0646\u0627\u0633\u0628\u0629.<\/p>\n

\u0645\u0646 \u0627\u0644\u0647\u064a\u0643\u0644 \u0625\u0644\u0649 \u0627\u0644\u062a\u0634\u063a\u064a\u0644<\/h2>\n

\u0627\u0644\u062f\u0631\u0648\u0633 \u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629 \u0645\u0646 \u0645\u0646\u0638\u0648\u0631 \u0643\u0644 \u0645\u0646 \u0627\u0644\u0645\u062f\u064a\u0631 \u0648\u0627\u0644\u0648\u062f\u064a\u0639<\/p>\n

\u0644\u0627 \u062a\u0632\u0627\u0644 \u0639\u0645\u0644\u064a\u0629 \u0627\u0644\u0625\u062e\u0637\u0627\u0631 \u0627\u0644\u0633\u0631\u064a\u0639\u0629 \u0628\u062d\u0627\u062c\u0629 \u0625\u0644\u0649 \u0627\u0644\u062a\u062d\u0636\u064a\u0631<\/h3>\n

\u0631\u0643\u0632 Christ Briffa \u0645\u0646 \u0634\u0631\u0643\u0629 \u00abBOV Fund Services\u00bb \u0639\u0644\u0649 \u0627\u0644\u0639\u0648\u0627\u0645\u0644 \u0627\u0644\u062a\u064a \u062a\u0636\u0645\u0646 \u0646\u062c\u0627\u062d \u0627\u0644\u0635\u0646\u062f\u0648\u0642 \u0628\u0639\u062f \u0627\u062e\u062a\u064a\u0627\u0631 \u0647\u064a\u0643\u0644\u0647. \u0641\u0645\u0646 \u0627\u0644\u0636\u0631\u0648\u0631\u064a \u0627\u0644\u0625\u0639\u062f\u0627\u062f \u0644\u062a\u0631\u062a\u064a\u0628\u0627\u062a \u0627\u0644\u062e\u062f\u0645\u0627\u062a \u0627\u0644\u0645\u0635\u0631\u0641\u064a\u0629 \u0648\u062d\u0641\u0638 \u0627\u0644\u0623\u0635\u0648\u0644\u060c \u0648\u0627\u0644\u0645\u062d\u0627\u0633\u0628\u0629\u060c \u0648\u0627\u0644\u062a\u0642\u064a\u064a\u0645\u060c \u0648\u062e\u062f\u0645\u0629 \u0627\u0644\u0645\u0633\u062a\u062b\u0645\u0631\u064a\u0646\u060c \u062c\u0646\u0628\u064b\u0627 \u0625\u0644\u0649 \u062c\u0646\u0628 \u0645\u0639 \u0625\u0639\u062f\u0627\u062f \u0627\u0644\u0648\u062b\u0627\u0626\u0642 \u0627\u0644\u0642\u0627\u0646\u0648\u0646\u064a\u0629. \u0648\u0644\u0627 \u062a\u0639\u0646\u064a \u0645\u062f\u0629 \u0627\u0644\u0625\u062e\u0637\u0627\u0631 \u0627\u0644\u0642\u0635\u064a\u0631\u0629 \u0623\u0646 \u0643\u0644 \u062c\u0648\u0627\u0646\u0628 \u0639\u0645\u0644\u064a\u0629 \u0627\u0644\u0625\u0637\u0644\u0627\u0642 \u0633\u062a\u0643\u0648\u0646 \u062c\u0627\u0647\u0632\u0629 \u062e\u0644\u0627\u0644 \u0646\u0641\u0633 \u0627\u0644\u0641\u062a\u0631\u0629.<\/p>\n

\u0648\u0643\u0627\u0646\u062a \u0631\u0633\u0627\u0644\u062a\u0647 \u0627\u0644\u0639\u0645\u0644\u064a\u0629 \u0647\u064a \u0623\u0646 \u0645\u0633\u0627\u0631 \u0627\u0644\u0625\u062e\u0637\u0627\u0631 \u064a\u063a\u064a\u0631 \u0637\u0631\u064a\u0642\u0629 \u062a\u0648\u0632\u064a\u0639 \u0627\u0644\u0645\u0633\u0624\u0648\u0644\u064a\u0627\u062a\u061b \u0644\u0643\u0646\u0647 \u0644\u0627 \u064a\u0644\u063a\u064a \u0645\u062a\u0637\u0644\u0628\u0627\u062a \u0627\u0644\u062d\u0648\u0643\u0645\u0629 \u0648\u0627\u0644\u0631\u0642\u0627\u0628\u0629. \u0648\u064a\u0646\u0628\u063a\u064a \u0623\u0646 \u062a\u062d\u062f\u062f \u0623\u0635\u0648\u0644 \u0627\u0644\u0635\u0646\u062f\u0648\u0642 \u0648\u0627\u0633\u062a\u0631\u0627\u062a\u064a\u062c\u064a\u062a\u0647 \u0648\u0645\u0633\u062a\u062b\u0645\u0631\u0648\u0647 \u0646\u0645\u0648\u0630\u062c \u0627\u0644\u062a\u0634\u063a\u064a\u0644\u060c \u0648\u0644\u064a\u0633 \u0627\u0644\u0633\u0631\u0639\u0629 \u0648\u062d\u062f\u0647\u0627.<\/p>\n

\n

\u062a\u064f\u062b\u0628\u062a \u0628\u0646\u064a\u0629 \u0627\u0644\u0635\u0646\u062f\u0648\u0642 \u0641\u0639\u0627\u0644\u064a\u062a\u0647\u0627 \u0641\u064a \u0627\u0644\u0639\u0645\u0644\u064a\u0627\u062a \u0627\u0644\u064a\u0648\u0645\u064a\u0629. \u0648\u0644\u0630\u0644\u0643\u060c \u064a\u0646\u0628\u063a\u064a \u0627\u0644\u062a\u062e\u0637\u064a\u0637 \u0645\u0646\u0630 \u0627\u0644\u0628\u062f\u0627\u064a\u0629 \u0644\u0623\u0645\u0648\u0631 \u0627\u0644\u062d\u0648\u0643\u0645\u0629 \u0648\u0627\u0644\u062a\u0642\u064a\u064a\u0645 \u0648\u0627\u0644\u0645\u062d\u0627\u0633\u0628\u0629 \u0648\u0625\u0639\u062f\u0627\u062f \u0627\u0644\u062a\u0642\u0627\u0631\u064a\u0631 \u0627\u0644\u062a\u0646\u0638\u064a\u0645\u064a\u0629\u060c \u062c\u0646\u0628\u064b\u0627 \u0625\u0644\u0649 \u062c\u0646\u0628 \u0645\u0639 \u0627\u062e\u062a\u064a\u0627\u0631 \u0623\u062f\u0627\u0629 \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631.<\/p>\n

\"ChristChrist Briffa<\/strong>
\nHead of the Finance Division, BOV Fund Services<\/p>\n<\/div>\n

\u0644\u0627 \u062a\u0642\u062a\u0635\u0631 \u062e\u062f\u0645\u0627\u062a \u0627\u0644\u062d\u0641\u0638 \u0639\u0644\u0649 \u0645\u062c\u0631\u062f \u0627\u0644\u0627\u062d\u062a\u0641\u0627\u0638 \u0628\u0627\u0644\u0623\u0648\u0631\u0627\u0642 \u0627\u0644\u0645\u0627\u0644\u064a\u0629<\/h3>\n

\u0623\u0648\u0636\u062d Francesco Scotto\u060c \u0627\u0644\u0631\u0626\u064a\u0633 \u0627\u0644\u062a\u0646\u0641\u064a\u0630\u064a \u0644\u0634\u0631\u0643\u0629 \u00abZarattini International\u00bb\u060c \u0623\u0647\u0645\u064a\u0629 \u062a\u0646\u0648\u0639 \u0627\u0644\u0623\u0635\u0648\u0644 \u0639\u0646\u062f \u062a\u0635\u0645\u064a\u0645 \u062e\u062f\u0645\u0627\u062a \u0627\u0644\u062d\u0641\u0638. \u0648\u0625\u0644\u0649 \u062c\u0627\u0646\u0628 \u062d\u0641\u0638 \u0627\u0644\u0623\u062f\u0648\u0627\u062a \u0627\u0644\u0645\u0627\u0644\u064a\u0629 \u0627\u0644\u0645\u0624\u0647\u0644\u0629\u060c \u064a\u0645\u0643\u0646 \u0623\u0646 \u062a\u0634\u0645\u0644 \u0645\u0647\u0627\u0645 \u0627\u0644\u062c\u0647\u0629 \u0627\u0644\u0648\u062f\u064a\u0639\u0629 \u0627\u0644\u062a\u062d\u0642\u0642 \u0645\u0646 \u0627\u0644\u0645\u0644\u0643\u064a\u0629\u060c \u0648\u062d\u0641\u0638 \u0627\u0644\u0633\u062c\u0644\u0627\u062a\u060c \u0648\u0645\u0631\u0627\u0642\u0628\u0629 \u0627\u0644\u062a\u062f\u0641\u0642\u0627\u062a \u0627\u0644\u0646\u0642\u062f\u064a\u0629\u060c \u0648\u0627\u0644\u0631\u0642\u0627\u0628\u0629.<\/p>\n

\u062a\u0636\u064a\u0641 \u0639\u0645\u0644\u064a\u0629 \u0627\u0644\u062a\u0631\u0645\u064a\u0632 \u0637\u0628\u0642\u0629 \u0625\u0636\u0627\u0641\u064a\u0629. \u0641\u0627\u0644\u0623\u062f\u0627\u0629 \u0627\u0644\u0645\u0627\u0644\u064a\u0629 \u0644\u0627 \u062a\u062a\u0648\u0642\u0641 \u0639\u0646 \u0643\u0648\u0646\u0647\u0627 \u0623\u062f\u0627\u0629 \u0645\u0627\u0644\u064a\u0629 \u0644\u0645\u062c\u0631\u062f \u062a\u0645\u062b\u064a\u0644\u0647\u0627 \u0631\u0642\u0645\u064a\u064b\u0651\u0627. \u0648\u062a\u064f\u0633\u062a\u062b\u0646\u0649 \u0627\u0644\u0623\u0635\u0648\u0644 \u0627\u0644\u0645\u0634\u0641\u0631\u0629 \u0627\u0644\u062a\u064a \u062a\u064f\u0639\u062a\u0628\u0631 \u0623\u062f\u0648\u0627\u062a \u0645\u0627\u0644\u064a\u0629 \u0645\u0646 \u0646\u0637\u0627\u0642 \u062a\u0637\u0628\u064a\u0642 \u0642\u0627\u0646\u0648\u0646 MiCA. \u0648\u0644\u0630\u0644\u0643\u060c \u064a\u062c\u0628 \u062a\u0642\u064a\u064a\u0645 \u0627\u0644\u062a\u0635\u0646\u064a\u0641 \u0648\u0627\u0644\u062a\u0631\u0627\u062e\u064a\u0635 \u0648\u0646\u0645\u0648\u0630\u062c \u0627\u0644\u062d\u0641\u0638 \u0627\u0644\u0645\u0639\u0645\u0648\u0644 \u0628\u0647\u0627 \u0642\u0628\u0644 \u0627\u062e\u062a\u064a\u0627\u0631 \u0645\u0632\u0648\u062f \u0627\u0644\u062e\u062f\u0645\u0629 \u0623\u0648 \u0627\u0644\u062a\u0643\u0646\u0648\u0644\u0648\u062c\u064a\u0627. [4]<\/p>\n

\u0643\u0645\u0627 \u0633\u0644\u0637\u062a \u0627\u0644\u0645\u0646\u0627\u0642\u0634\u0629 \u0627\u0644\u0636\u0648\u0621 \u0639\u0644\u0649 \u0627\u0644\u0645\u062e\u0627\u0637\u0631 \u0627\u0644\u0645\u062a\u0639\u0644\u0642\u0629 \u0628\u0627\u0644\u0645\u062d\u0627\u0641\u0638 \u0627\u0644\u0631\u0642\u0645\u064a\u0629\u060c \u0648\u0627\u0644\u0645\u062e\u0627\u0637\u0631 \u0627\u0644\u0633\u064a\u0628\u0631\u0627\u0646\u064a\u0629\u060c \u0648\u0645\u062e\u0627\u0637\u0631 \u0627\u0644\u0639\u0642\u0648\u062f \u0627\u0644\u0630\u0643\u064a\u0629. \u0648\u0648\u0635\u0641\u062a Giulia Gaddari \u062a\u0639\u0627\u0645\u0644 \u0647\u064a\u0626\u0629 \u0645\u0627\u0644\u0637\u0627 \u0644\u0644\u062e\u062f\u0645\u0627\u062a \u0627\u0644\u0645\u0627\u0644\u064a\u0629 (MFSA) \u0645\u0639 \u0648\u062d\u062f\u0627\u062a \u0627\u0644\u0635\u0646\u0627\u062f\u064a\u0642 \u0627\u0644\u0645\u064f\u0631\u0645\u0632\u0629 \u0648\u0646\u0645\u0627\u0630\u062c \u0627\u0644\u0623\u0639\u0645\u0627\u0644 \u0627\u0644\u0646\u0627\u0634\u0626\u0629. \u0648\u064a\u062c\u0628 \u0627\u0644\u062a\u0645\u064a\u064a\u0632 \u0628\u064a\u0646 \u0645\u0642\u062a\u0631\u062d\u0627\u062a \u0627\u0644\u0627\u0633\u062a\u0634\u0627\u0631\u0629 \u0648\u0627\u0644\u0642\u0648\u0627\u0639\u062f \u0627\u0644\u0645\u0644\u0632\u0645\u0629 \u0623\u0648 \u0627\u0644\u0645\u0648\u0627\u0641\u0642\u0629 \u0639\u0644\u0649 \u0647\u064a\u0643\u0644 \u0645\u0639\u064a\u0646. [5]<\/p>\n

\n

\u064a\u062c\u0628 \u0623\u0646 \u064a\u062a\u0645 \u062a\u0646\u0627\u0648\u0644 \u0645\u0633\u0627\u0626\u0644 \u0627\u0644\u062d\u0641\u0638 \u0648\u0627\u0644\u0625\u0634\u0631\u0627\u0641 \u0627\u0644\u0645\u0633\u062a\u0642\u0644 \u0639\u0644\u0649 \u0627\u0644\u0623\u0635\u0648\u0644 \u0641\u064a \u0645\u0631\u062d\u0644\u0629 \u0645\u0628\u0643\u0631\u0629 \u0645\u0646 \u0639\u0645\u0644\u064a\u0629 \u0627\u0644\u0647\u064a\u0643\u0644\u0629. \u0648\u0628\u0627\u0644\u0646\u0633\u0628\u0629 \u0644\u0644\u0623\u0635\u0648\u0644 \u0627\u0644\u0645\u064f\u0631\u0645\u0632\u0629 \u0639\u0644\u0649 \u0648\u062c\u0647 \u0627\u0644\u062e\u0635\u0648\u0635\u060c \u064a\u062c\u0628 \u0623\u0646 \u062a\u0643\u0648\u0646 \u0645\u0633\u0624\u0648\u0644\u064a\u0627\u062a \u0643\u0644 \u0645\u0632\u0648\u062f \u062e\u062f\u0645\u0629 \u0648\u0627\u0636\u062d\u0629.<\/p>\n

\"FrancescoFrancesco Scotto<\/strong>
\nChief Executive Officer, Zarattini International Ltd<\/p>\n<\/div>\n

\u062a\u0646\u062f\u0631\u062c \u0647\u0630\u0647 \u0627\u0644\u0648\u0644\u0627\u064a\u0629 \u0627\u0644\u0642\u0636\u0627\u0626\u064a\u0629 \u0636\u0645\u0646 \u0642\u0631\u0627\u0631 \u062a\u0634\u063a\u064a\u0644\u064a \u0623\u0648\u0633\u0639 \u0646\u0637\u0627\u0642\u0627\u064b<\/h2>\n

\u0648\u0636\u0639\u062a \u0627\u0644\u062f\u0643\u062a\u0648\u0631\u0629 Bernice Buttigieg \u0645\u0646 \u00abFinanceMalta\u00bb \u0627\u0644\u0645\u0646\u0627\u0642\u0634\u0629 \u0627\u0644\u0641\u0646\u064a\u0629 \u0641\u064a \u0627\u0644\u0633\u064a\u0627\u0642 \u0627\u0644\u0623\u0648\u0633\u0639 \u0644\u0644\u0646\u0638\u0627\u0645 \u0627\u0644\u0628\u064a\u0626\u064a \u0644\u0644\u062e\u062f\u0645\u0627\u062a \u0627\u0644\u0645\u0627\u0644\u064a\u0629 \u0641\u064a \u0645\u0627\u0644\u0637\u0627. \u0648\u0631\u0643\u0632\u062a \u0641\u064a \u0639\u0631\u0636\u0647\u0627 \u0627\u0644\u062a\u0642\u062f\u064a\u0645\u064a \u0639\u0644\u0649 \u0627\u0644\u062a\u0631\u0627\u0628\u0637 \u0627\u0644\u062f\u0648\u0644\u064a\u060c \u0648\u0627\u0644\u062e\u0628\u0631\u0629 \u0627\u0644\u0641\u0646\u064a\u0629\u060c \u0648\u062a\u0637\u0648\u064a\u0631 \u0627\u0644\u0645\u0631\u0643\u0632 \u0627\u0644\u0645\u0627\u0644\u064a \u0625\u0644\u0649 \u062c\u0627\u0646\u0628 \u0627\u0644\u0634\u0624\u0648\u0646 \u0627\u0644\u0636\u0631\u064a\u0628\u064a\u0629.<\/p>\n

\n

\u0644\u0627 \u064a\u0642\u062a\u0635\u0631 \u0639\u0631\u0636 \u0645\u0627\u0644\u0637\u0627 \u0639\u0644\u0649 \u0623\u062f\u0648\u0627\u062a \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631 \u0627\u0644\u0641\u0631\u062f\u064a\u0629 \u0641\u062d\u0633\u0628. \u0641\u0627\u0644\u0631\u0648\u0627\u0628\u0637 \u0627\u0644\u062f\u0648\u0644\u064a\u0629 \u0648\u0627\u0644\u062e\u0628\u0631\u0629 \u0648\u0627\u0644\u0645\u0631\u0643\u0632 \u0627\u0644\u0645\u0627\u0644\u064a \u0627\u0644\u0630\u064a \u064a\u062c\u0645\u0639 \u0628\u064a\u0646 \u0627\u0644\u0627\u0628\u062a\u0643\u0627\u0631 \u0648\u062d\u0645\u0627\u064a\u0629 \u0627\u0644\u0645\u0633\u062a\u062b\u0645\u0631\u064a\u0646 \u0647\u064a \u0639\u0648\u0627\u0645\u0644 \u0644\u0627 \u062a\u0642\u0644 \u0623\u0647\u0645\u064a\u0629.<\/p>\n

\"Dr.Dr. Bernice Buttigieg<\/strong>
\nChief Strategy Officer, FinanceMalta<\/p>\n<\/div>\n

\u062b\u0644\u0627\u062b\u0629 \u0623\u0633\u0626\u0644\u0629 \u064a\u062c\u0628 \u0637\u0631\u062d\u0647\u0627 \u0641\u064a \u0627\u0644\u0645\u0646\u0627\u0642\u0634\u0629 \u0627\u0644\u0642\u0627\u062f\u0645\u0629<\/h2>\n
    \n
  1. \u0623\u064a\u0646 \u0633\u064a\u062a\u0645 \u062a\u0633\u0648\u064a\u0642 \u0627\u0644\u0635\u0646\u062f\u0648\u0642\u061f \u062d\u062f\u062f \u0627\u0644\u0645\u0633\u062a\u062b\u0645\u0631\u064a\u0646 \u0627\u0644\u0645\u0633\u062a\u0647\u062f\u0641\u064a\u0646 \u0648\u0627\u0644\u0633\u0644\u0637\u0627\u062a \u0627\u0644\u0642\u0636\u0627\u0626\u064a\u0629 \u0642\u0628\u0644 \u0627\u062e\u062a\u064a\u0627\u0631 \u0645\u0633\u0627\u0631 \u0627\u0644\u062a\u0633\u0648\u064a\u0642.<\/li>\n
  2. \u0645\u0646 \u0633\u064a\u0642\u0648\u0645 \u0628\u0645\u0627\u0630\u0627\u061f \u062a\u062d\u062f\u064a\u062f \u0627\u0644\u0645\u0633\u0624\u0648\u0644\u064a\u0627\u062a \u0627\u0644\u0645\u062a\u0639\u0644\u0642\u0629 \u0628\u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631\u0627\u062a\u060c \u0648\u0625\u062c\u0631\u0627\u0621\u0627\u062a \u0627\u0644\u0639\u0646\u0627\u064a\u0629 \u0627\u0644\u0648\u0627\u062c\u0628\u0629\u060c \u0648\u0627\u0644\u0625\u062f\u0627\u0631\u0629\u060c \u0648\u062d\u0641\u0638 \u0627\u0644\u0623\u0635\u0648\u0644.<\/li>\n
  3. \u0645\u0627 \u0627\u0644\u0630\u064a \u064a\u062c\u0628 \u0623\u0646 \u064a\u0643\u0648\u0646 \u062c\u0627\u0647\u0632\u064b\u0627 \u0642\u0628\u0644 \u0627\u0644\u0625\u0637\u0644\u0627\u0642\u061f \u062a\u0646\u0633\u064a\u0642 \u0627\u0644\u0648\u062b\u0627\u0626\u0642\u060c \u0648\u0625\u0639\u062f\u0627\u062f \u0645\u0632\u0648\u062f\u064a \u0627\u0644\u062e\u062f\u0645\u0627\u062a\u060c \u0648\u0627\u0644\u062d\u0648\u0643\u0645\u0629\u060c \u0648\u0627\u0644\u0636\u0648\u0627\u0628\u0637 \u0627\u0644\u062a\u0634\u063a\u064a\u0644\u064a\u0629.<\/li>\n<\/ol>\n

    \u064a\u0645\u0643\u0646\u0643 \u062a\u0646\u0632\u064a\u0644 \u0627\u0644\u0639\u0631\u0636 \u0627\u0644\u062a\u0642\u062f\u064a\u0645\u064a \u0627\u0644\u062e\u0627\u0635 \u0628\u0648\u0631\u0634\u0629 \u0627\u0644\u0639\u0645\u0644 \u0627\u0644\u0645\u062a\u0627\u062d \u0645\u062c\u0627\u0646\u064b\u0627 \u0623\u0648 \u0627\u0644\u0627\u062a\u0635\u0627\u0644 \u0628\u0634\u0631\u0643\u0629 LINDEMANNLAW<\/a> \u0644\u0637\u0631\u062d \u0623\u0633\u0626\u0644\u062a\u0643 \u0628\u0634\u0623\u0646 \u0627\u0644\u0647\u064a\u0643\u0644 \u0627\u0644\u0645\u0642\u062a\u0631\u062d. \u0648\u064a\u0645\u0643\u0646 \u0623\u0646 \u062a\u0633\u0627\u0639\u062f \u0627\u0644\u0645\u0646\u0627\u0642\u0634\u0629 \u0627\u0644\u0623\u0648\u0644\u064a\u0629 \u0641\u064a \u062a\u062d\u062f\u064a\u062f \u0627\u0644\u0645\u0633\u0627\u0626\u0644 \u0627\u0644\u0642\u0627\u0646\u0648\u0646\u064a\u0629 \u0648\u0627\u0644\u062a\u0634\u063a\u064a\u0644\u064a\u0629 \u0627\u0644\u062a\u064a \u062a\u062d\u062a\u0627\u062c \u0625\u0644\u0649 \u062f\u0631\u0627\u0633\u0629 \u0623\u0643\u062b\u0631 \u062a\u0639\u0645\u0642\u064b\u0627.<\/p>\n

    \n

    \u0645\u0648\u0627\u062f \u0648\u0631\u0634\u0629 \u0627\u0644\u0639\u0645\u0644<\/h2>\n

    \u064a\u0645\u0643\u0646 \u0627\u0644\u062d\u0635\u0648\u0644 \u0639\u0644\u0649 \u0639\u0631\u0636 \u0648\u0631\u0634\u0629 \u0627\u0644\u0639\u0645\u0644 \u0645\u062c\u0627\u0646\u064b\u0627 \u0628\u0635\u064a\u063a\u0629 PDF. \u0648\u0644\u0627 \u064a\u0644\u0632\u0645 \u0627\u0644\u062a\u0633\u062c\u064a\u0644 \u0641\u064a \u0627\u0644\u0646\u0634\u0631\u0629 \u0627\u0644\u0625\u062e\u0628\u0627\u0631\u064a\u0629 \u0623\u0648 \u0625\u0631\u0633\u0627\u0644 \u0631\u0633\u0627\u0644\u0629 \u062a\u0623\u0643\u064a\u062f \u0639\u0628\u0631 \u0627\u0644\u0628\u0631\u064a\u062f \u0627\u0644\u0625\u0644\u0643\u062a\u0631\u0648\u0646\u064a.<\/p>\n

    PDF<\/span><\/span>\u0639\u0631\u0636 \u0648\u0631\u0634\u0629 \u0627\u0644\u0639\u0645\u0644<\/strong>\u0645\u0644\u0641 PDF \u00b7 68 \u0635\u0641\u062d\u0629 \u00b7 \u0639\u0631\u0648\u0636 \u0627\u0644\u0645\u062a\u062d\u062f\u062b\u064a\u0646.<\/span>\u062a\u0646\u0632\u064a\u0644 \u0627\u0644\u0639\u0631\u0636 \u0627\u0644\u062a\u0642\u062f\u064a\u0645\u064a (PDF) \u2192<\/span><\/span><\/a><\/div>\n<\/div>\n
    \n

    \u0625\u0639\u0644\u0627\u0646\u0627\u062a\u0646\u0627 \u0627\u0644\u062a\u0634\u0648\u064a\u0642\u064a\u0629 \u0644\u0644\u0641\u0639\u0627\u0644\u064a\u0627\u062a<\/h2>\n
    \n
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