OREANDA-NEWS. Following a decision of Kazakhstan Stock Exchange (KASE) Board of Directors of August 31, 2016, amendments No. 4 to KASE internal document "Procedure of execution of deals on stock market according to scheme T+2" (Procedure) were approved, effective as of October 1, 2016.

Said amendments were made in order to control the failure to settle the deals on the stock market according to the settlement T+2 due to the expiration of a document certifying the identity of the KASE member client, and set forth the following:

- stock market trading participants who use the settlement T+2 must check the validity of the identity documents of their clients as of the settlement date of the transaction when submitting their clients' applications;

- on the basis of the information received from the Central Securities Depository, KASE blocks the possibility of T+2 transacting on the stock market by members of using KASE customers' trading accounts within 30 calendar days before the clients' identity documents expiry date through its trading system.