Thursday December 11 2014

News Source: Global Exchanges

Focus: Trading Rules

Type: General

Country: Kazakhstan

Link: http://www.kase.kz/en/news/show/1238821




The National Bank of Kazakhstan has agreed the revision of the “Regulations on Membership” of the Kazakhstan Stock Exchange. The Regulations were agreed upon with the National Bank of Republic of Kazakhstan (National Bank) on December 3, 2014 and are effective as of 29th December 2014.

The following main additions were made to the Regulations:

  • requirements for remote KASE members and candidates for remote members were defined;
  • the procedure of monitoring the financial position of KASE members was determined
  • sanctions applied to KASE members for violating the information disclosure requirements were included;
  • requirement for KASE members to regularly provide a questionnaire regarding countering legalization (laundering) of revenues obtained illegally, and countering financing of terrorism;

Click link above for further details.