OREANDA-NEWS. April 06, 2012. Following a decision of Kazakhstan Stock Exchange (KASE) Board of Directors due to expiration on March 31, 2012 of powers of members of Committee for Foreign Currencies Market representing members of the foreign currency market, the following composition of the Committee for Foreign Currencies Market representing members of foreign currency market has been approved, reported the press-centre of KASE:

1. Arif Babaev, director of treasury department of JSC Subsidiary Bank "RBS (Kazakhstan)", in case of his absence - Saken Alimkulov, dealer of treasury department of JSC Subsidiary Bank "RBS (Kazakhstan)";

2. Nurtely Baiteliev, deputy director - head of division for interbank operations of treasury department of JSC "Eurasian Bank", in case of his absence - Rustem Haliaskarov, executive director - director of treasury department of JSC "Eurasian Bank";

3. Igor Romanenko, director of the treasury department of JSC "Kaspi Bank";

4. Ertai Salimov, director of treasury of JSC "Halyk Savings Bank of Kazakhstan";

5. Erkanat Usenov, head of dealing division of treasury department of JSC "Bank CenterCredit", in case of his absence - Askar Kaziev, head of interbank operations division of treasury department of JSC "Bank CenterCredit";

6. Dakhir Khalamkhanov - senior dealer of division for foreign currencies and precious metals transactions of treasury of JSC "Kazkommertsbank", in case of his absence - Evgeniy Mikhailov, head of division for foreign currencies and precious metals transactions of JSC "Kazkommertsbank".

According to the Regulations on Committee for Foreign Currencies Market it is comprised of the following persons:

- a representative of the National Bank of the Republic of Kazakhstan;

- a representative of Committee on Regulation and Supervision of Financial Market and Financial Organizations of the National Bank of the Republic of Kazakhstan;

- a representative of KASE, in the person of  a member of the Management Board supervising the Settlements Chamber;

- six representatives of members of the foreign currencies market; however, one foreign currencies market member cannot be represented by more than one representative.

KASE reminds that the Committee for Foreign Currencies Market is a permanent out-of-structure body of KASE whose main task is detection of insolvency of members of the foreign currencies market and in case of need taking decisions on their transfer from the urgent mode into the preliminary mode of delivery of currency being sold and/or payment for foreign currency being purchased.

The Regulations on Committee for Foreign Currencies Market are published today on its website on KASE website, at http://www.kase.kz/files/normative_base/currency_com_eng.pdf