Friday February 13 2015

News Source: Global Exchanges

Focus: General - Global Exchanges

Type: General

Country: Kazakhstan

Link: http://www.kacd.kz/en/news/item/3227/




Kazakhstan Central Securities Depository have made amendments to the Rules of Execution of Depository Activities which have been approved by the Committee for the Control and Supervision of the Financial Market and Financial Organizations of the National Bank of the Republic of Kazakhstan.

The changes to the Rules provide an order of recognition of the customer of a bankrupt client, and also an obligation of the client to write-off of financial instruments of the bankrupt customer from sub-accounts in the Central Securities Depository.

Click link above for further details.