KASE Releases Amendments to Orders of ARA RFCA Chairman
OREANDA-NEWS. May 31, 2010. Kazakhstan Stock Exchange (KASE) released at its website at http://www.kase.kz/files/normative_base/rfca_6226.pdf order of Chairman of the Agency of the Republic of Kazakhstan on regulation of activities of the Regional Financial Center of Almaty (ARA RFCA) "On amendments to orders of Chairman of the Agency of the Republic of Kazakhstan on regulation of activity of the Regional Financial Center of Almaty" dated April 14, 2010 No. 04.2-40/80, reported the press-centre of KASE.
The order amended orders of Chairman of ARA RFCA "On approval of list of rating agencies, ratings of which are recognized by the authorized agency on regulation of activities of the Regional Financial Center of Almaty" dated September 8, 2006 No. 7 and "On requirements to ratings and issuers admitted to the Regional Financial Center of Almaty" dated September 8, 2006 No. 6.
The order is registered with the Kazakhstan Justice Ministry on May 13, 2010 under number 6226 and made effective May 24, 2010 ("ten days after registration with the Kazakhstan Justice Ministry").
In accordance with the order, the list of rating agencies and their subsidiaries, whose ratings are recognized by ARA RFCA, was supplemented with Rating agency KZ-rating LLP.
Rating agency KZ-rating cleared by the Listing commission February 19, 2010.
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