Wednesday November 4 2015
News Source: Global Exchanges
Focus: Other
Type: General
Country: International
On 3rd October 2015, London Stock Exchange Group (LSEG) signed a Memorandum of Understanding (MoU) with JSC Kazakhstan Stock Exchange (KASE), the first ever between the two exchanges.
The agreement, will see both organisations work closely together to expand on listing opportunities for Kazakh companies in London and the Republic of Kazakhstan (Kazakhstan), as well as help deepen relationships with key stakeholders in the UK and Kazakhstan.
The MoU outlines several areas for closer collaboration with a particular focus on promoting dual listings of Kazakh companies in Kazakhstan and London, facilitating access to capital for Kazakh companies through London Stock Exchange. Both exchanges will also explore the development of new products and support investor education and awareness programmes in Kazakhstan and the UK.
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