KASE Makes Amendments on Membership Fees & Exchange Dues
OREANDA-NEWS. May 06, 2010. By Kazakhstan Stock Exchange (KASE) Council decision were approved change and additions # 15 (amendments) to the KASE internal document "Regulations on Membership Fees and Exchange Dues" (Regulations), reported the press-centre of KASE.
Regulations were supplemented with the norm, in compliance with which the National Bank of the Republic of Kazakhstan is released from the commission fees payment on deals made on the Exchange trades in foreign currencies. Previously this norm was set forth by Rules of Foreign Currencies Exchange Trades on Kazakhstan inter-bank currency and stock exchange, approved by the Exchange Council decision of August 7, 1995. In addition, was clarified the monthly membership fee size by the currency market member category for the National Bank of the Republic of Kazakhstan.
Amendments set forth that commission fees for organization and execution of specialized trades are charged by the exchange regardless of deals conclusion fact during these specialized trades.
Amendments were submitted to the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations (AFS) for consideration and will be given an effect beginning the first day following their approval day.
The revised text of Regulations will be available on the KASE website after AFS approval at http://www.kase.kz/files/normative_base/tariff_eng.pdf
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