FSC NBK approves amendments to Methodology of Securities Valuation and Rules of Market Makers Activities

13.01.12 13:04
/KASE, January 13, 12/ - As was announced earlier, Kazakhstan Stock Exchange (KASE) Board of Directors by its decision of October 27, 2011 approved changes # 1 to KASE internal document "Methodology of Securities Valuation" and changes # 3 to KASE internal document "Rules of Market Makers Activities". The amendments were approved by the Committee on Regulation and Supervision of Financial Market and Financial Organizations of the National Bank of the Republic of Kazakhstan (FSC NBK) on December 2, 2011 and will be put into effect from February 1, 2012. According to the amendments the following changes have been made to the mentioned documents: - names of lists of liquid and illiquid securities were changed due to changes to KASE internal document "Methodology of Securities Liquidity Indicators Defining", according to which liquid securities (current definition) will relate to the list of the first class liquidity securities; non-liquid securities (current definition) have been divided into the second and third class of liquidity; - the Risk Committee name was changed to "the Committee on Indices and Securities Valuation" in compliance with the KASE Management Board decision of June 10, 2011 on making changes to Regulations on Risk Committee. The revised texts of Methodology of Securities Valuation and Rules of Market Makers Activities will be available on KASE website at http://www.kase.kz/files/normative_base/met_ocen_zb_eng.pdf and http://www.kase.kz/files/normative_base/m_maker_eng.pdf in the nearest time. [2012-01-13]