KASE Elected Listing Commission Member
OREANDA-NEWS. June 08, 2011. By Kazakhstan Stock Exchange (KASE) Board of Directors decision, Aigul Tasbolat, Deputy Chairman of Management Board of the Regional Financial Center of Almaty is elected the KASE Listing Commission member on behalf of the Board of Directors, reported the press-centre of KASE.
According to itemу 3 of Resolution of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations (FSA) "On Requirements for Trades Organizer Organizational Structure and Stock Exchange Listing Commission Composition, and on approval of Rules of Activities Implementation of Trades Organizer Structural Division, Supervising Deals Made in Trades Organizer Trading System" of November 28, 2008 # 195 the Listing Commission must consist of odd number of members, the Listing Commission members must be at least nine people.
Election of A. Tasbolat as the KASE Listing Commission member is initiated due to:
- due to elimination of FSA and the Agency of the Republic of Kazakhstan on Regulation of Activities of and Supervision of the Regional Financial Center of Almaty, whose two representatives have entered the Listing Commission composition;
- transfer if mentioned agencies functions to the National Bank of the Republic of Kazakhstan, which defined its representative in the Listing Commission;
- the necessity of fulfillment of the above Resolution requirements.
The Listing Commission composition is available on KASE website at http://www.kase.kz/en/authorities
The Regulations on Listing Commission are available on KASE website at http://www.kase.kz/files/normative_base/listing_com.pdf
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