International BANK Alma-Ata Was Debarred from Trades on KASE
OREANDA-NEWS. On November 06, 2007 by the decision of Board of Kazakhstan stock exchange (KASE) International bank Alma-Ata JSC (Almaty) has been debarred from participation in trades with securities on KASE, reported the press-centre of KASE.
The decision was made based upon subparagraph 1) paragraph 27 Regulations about membership on the basis of resolution of Board of Agency of Republic of Kazakhstan for regulating and supervision over financial market and organizations dated September 24, 2007 #233 about stoppage of action of license of bank for conduction of broker and dealer activities on the market of securities with the right of maintenance of accounts of clients as nominal holder.
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