/KASE, June 12, 2017/ – Following a decision of Kazakhstan Stock Exchange
(KASE) Board of Directors dated June 8, 2017, changes and additions No. 6
(amendments) to KASE internal document "Regulations on Listing Commission"
(the Regulations) were approved. The of putting into effect of said amendments
will be announced additionally.
Said amendments were made for purposes:
– bringing in line with changes and additions, made to the Requirements for
the organizational structure of the trading operator and composition of the
listing commission of the stock exchange, approved by resolution No. 249
of Management Board of the National Bank of Republic of Kazakhstan dated
December 19, 2015;
– bringing in line with KASE internal document "Listing Rules", whose new
edition was put into effect as of June 1, 2017;
– making procedural specifications.
Changes and additions made to the above Requirements, include as follows:
– minimum number of members of the Listing Commission was reduced from
seven to five persons;
– the composition of the Listing Commission is made out of:
members of the Exchange's Management Board;
members of the Board of Directors of the stock exchange
representatives of ULE "Association of financial organizations of
Kazakhstan";
– the new requirements is set that in case of systematic absence (three or
more times within twelve consecutive calendar months) on meetings of the
listing commission of any member of the listing commission, the issue of
his re-election will be put up for consideration by the Board of Directors of
the stock exchange.
The updated Regulations will be released soon on KASE website –
http://www.kase.kz/files/normative_base/listing_com_eng.pdf
[2017-06-12]