KASE Amended Regulations on Risk Committee
OREANDA-NEWS. November 15, 2010. By Kazakhstan Stock Exchange (KASE) Board decision were approved additions # 2 (additions) to the KASE internal document "Regulations on Risk Committee", reported the press-centre of KASE.
Additions became effective from November 10, 2010.
In compliance with additions:
1. the Risk Committee main functions are as follows:
- defining risk parameters on the futures market;
- control of sufficiency of reserve and guarantee funds sizes on
the futures market;
2. the Risk Committee authorities were supplemented as follows:
- changing of effective risk parameters on the futures market;
- development of recommendations on changing of the mandatory guarantee fee size on the futures market and the reserve fund size.
The revised text of Regulations on Risk Committee shall be available on KASE website at http://www.kase.kz/files/normative_base/risc_com_eng.pdf in the nearest time.
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