/KASE, May 25, 10/ - The Board of directors of Kazakhstan Stock Exchange
(KASE) on April 29, 2010 approved changes and addition No. 17 (the
Amendments) to KASE internal document "Rules on currency trading
settlement" (the Rules), effective June 7, 2010.
The Amendments were approved with the Agency of the Republic of Kazakhstan
on regulation and supervision of financial market and financial organizations
(FSA) May 20, 2010.
The Amendments were made as Kazakhstan is launching on June 7, 2010 new
individual bank account numbers and new banking identification codes based on
international standards ISO 13616: IBAN and ISO 9362: BIC accordingly, and in
connection with use of IBANs and BICs beginning August 13, 2010 at payments
and money transfers.
In accordance with the mentioned above the Regulations have amended KASE
correspondent tenge account banking details, and a supplemented form
according to which KASE currency market members must present the Exchange
their tenge banking accounts details.
The Rules are available at the KASE website at
http://www.kase.kz/files/normative_base/dmoney_eng.pdf
[2010-05-25]