OREANDA-NEWS. August 31, 2009. The Exchange Council of Kazakhstan Stock Exchange (KASE) approved additions and changes No. 14 (amendments) to the KASE internal document "Rules on currency trade settlement" (the Rules), reported the press-centre of KASE.

The amendments clarify participants of exchange currency trade may be banks or non-banking organizations certain category's exchange members. For currency trade settlement banks may use only one banking account, non-banking organizations may simultaneously use a few banking (client or own) accounts.

The amendments set a trade participant - a non-banking organization using a few banking accounts for crediting KZT arriving from the Exchange in return for its net-obligations must provide the exchange with a corresponding order in the form Appendix 2a to the Rules.

The amendments are pending accord of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations (AFS) and shall be effective the business day after the Agency grants an accord.

The updated text of the Rules shall be available at the KASE website at http://www.kase.kz/geninfo/normbase/dmoney.pdf after accord of the Agency.