16.06.2015, 00:57
KASE BoD approves changes to Rules of Securities Admittance to Circulation in the Unlisted Securities Sector
OREANDA-NEWS. June 16, 2015. Following a decision of Kazakhstan Stock Exchange
(KASE) Board of Directors of June 10, 2015 changes No. 1 to KASE internal
documents "Rules of Securities Admittance to Circulation in the Unlisted
Securities Sector" (Rules) were approved.
The amendments will be submitted for agreeing to the National Bank of Republic of Kazakhstan and made effective after agreeing with the authorized body.
The mentioned amendments were introduced for purposes of updating the text if the Rules due to the invalidity of resolution No. 77 of the Agency of the Republic of Kazakhstan for Regulation and Supervision of Financial Market and Financial Organizations "On requirements for issuers and their securities (being) admitted to circulation on the stock exchange, as well as for particular categories of the stock exchange list" dated May 26, 2008 and order No. 04.2- 09/119 of Chairman of the Agency of the Republic of Kazakhstan for Regulation and Supervision of Financial Market and Financial Organizations "On setting requirements for issuers whose securities are supposed to be included or have been included in the list of the special trading floor of the regional financial center of Almaty, as well as for such securities" dated May 8, 2008 and putting into effect of resolution No. 189 of Management Board of National Bank of Republic of Kazakhstan "On approval of requirements for issuers and their securities (being) admitted to circulation on the stock exchange, as well as for particular categories of the stock exchange list" dated October 22, 2014. Besides, the text of the Rules was brought in line with KASE internal document "Regulations on Membership".
The revised text of the rules will be released on KASE website at http://www.kase.kz/files/normative_base/rules_nonlist_eng.pdf after agreeing.
The amendments will be submitted for agreeing to the National Bank of Republic of Kazakhstan and made effective after agreeing with the authorized body.
The mentioned amendments were introduced for purposes of updating the text if the Rules due to the invalidity of resolution No. 77 of the Agency of the Republic of Kazakhstan for Regulation and Supervision of Financial Market and Financial Organizations "On requirements for issuers and their securities (being) admitted to circulation on the stock exchange, as well as for particular categories of the stock exchange list" dated May 26, 2008 and order No. 04.2- 09/119 of Chairman of the Agency of the Republic of Kazakhstan for Regulation and Supervision of Financial Market and Financial Organizations "On setting requirements for issuers whose securities are supposed to be included or have been included in the list of the special trading floor of the regional financial center of Almaty, as well as for such securities" dated May 8, 2008 and putting into effect of resolution No. 189 of Management Board of National Bank of Republic of Kazakhstan "On approval of requirements for issuers and their securities (being) admitted to circulation on the stock exchange, as well as for particular categories of the stock exchange list" dated October 22, 2014. Besides, the text of the Rules was brought in line with KASE internal document "Regulations on Membership".
The revised text of the rules will be released on KASE website at http://www.kase.kz/files/normative_base/rules_nonlist_eng.pdf after agreeing.
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