OREANDA-NEWS. October 13, 2011. Following a decision of Kazakhstan Stock Exchange (KASE) Board of Directors, changes and additions # 5 (Amendments) to KASE internal document "Listing Rules" (Rules) have been approved, reported the press-centre of KASE.

The amendments will be sent for approval to the Committee on Regulation and Supervision of Financial Market and Financial Organizations of the National Bank of the Republic of Kazakhstan (FSC NBK) and made effective after agreeing with the authorized body.

The amendments were made for the purpose of:

- editorial details, related to the abolition of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial  Organizations and Agency of the Republic of Kazakhstan  for Regulation of Activities of the Regional Financial Centre of Almaty and transfer of their authorities to the National Bank of the Republic of Kazakhstan, introduction  of amendments to the Act of the Republic of Kazakhstan "On Joint-Stock Companies" and normative legal acts setting listing requirements;

- procedural details related to introduction of terms "originator" and "IPO", changes and additions made to normative legal acts setting listing requirements, exclusion from the Listing Rules of the chapter about listing fees, specifying terms on procedures regarding inclusion of securities into the official list, transfer of securities from a higher category (sub-category) into a lower one and de-listing of securities;

- introduction of additional requirements, including those regarding disclosure of information on persons having access to insider information of a listed company, disclosure by second category listed companies of information and documents in English, as well as while determining terms under which trading in securities can be opened later than date fixed by the Listing Rules.

The updated text of the Listing Rules will be published on KASE website, at http://www.kase.kz/files/normative_base/listing_rules.pdf after approval by FSC NBK.