OREANDA-NEWS. October 14, 2011. Following a decision of Kazakhstan Stock Exchange (KASE) Board of Directors, a new KASE Internal document "Rules of Defining Amounts, Terms and Payment Procedure for Listing Fees" (Rules) has been approved, reported the press-centre of KASE.

The Rules have been developed in accordance with a prescription of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations on the need for removing from KASE internal document "Listing Rules" norms regarding listing fees, and compiling those norms into a separate KASE internal document not subject to approval by the authorized body.

The Rules will be made effective at the same time with the introduction of changes and additions # 5 to the Listing Rules, which will be announced additionally.

The Rules define amounts, terms and payment procedure for listing fees charged for consideration of applications for inclusion of securities into KASE official list (for grating approval for inclusion into the official list of bonds supposed for issuing in accordance with the legislation of states other than the Republic of Kazakhstan, applications for transfer of securities from a lower category (sub-category) into a higher one or from the Non-Rated Debt Securities category into the Rated Debt Securities category, listing fees charged for inclusion of securities into KASE official list and their presence therein, as well as for issue of a preliminary conclusion on the possibility of inclusion of securities into KASE official list.

The text of the Rules will be published on KASE website after agreeing amendments # 5 to the Listing Rules with the Committee on Regulation and Supervision of Financial Market and Financial Organizations of the National Bank of the Republic of Kazakhstan (FSC NBK).