OREANDA-NEWS. October 04, 2011. As was informed earlier, following a decision of Kazakhstan Stock Exchange (KASE) Board of Directors dated August 31, 2011, additions and changes # 1 (Amendments) to KASE internal document "Regulation on Board of Directors' Expert Committee" (Regulations) have been approved, reported the press-centre of KASE.

The need for making amendments was caused by introduction from August 23, 2011 of the revised version of KASE internal document "Methodology of Securities Valuation", in accordance with which the competency of the Expert Committee of the Exchange's Board of Directors (Committee) includes definition of some parameters necessary for valuation of government securities (GS), namely notes of the National Bank, MEKKAM, MEOKAM and MEUKAM.

In this respect, powers of the Committee have been extended with taking into account of the function involving separation of non-indexed GS of the Republic of Kazakhstan into groups for the purpose of their market valuation and definition of parameters of such groups. Moreover, the text of the Regulations has been edited due to the abolition of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations.

The revised text of the Regulations will be published on KASE website in the near future.