/KASE, May 17, 2018/ – By the decision of the Board of Directors of Kazakhstan
Stock Exchange (KASE or Exchange) dated May 16, 2018 amendments and additions
No. 1 (amendments) to the KASE internal document "Rules for Conducting Banking
Transaction" (the Rules), which will become effective on May 17, 2018, have been
approved.
The amendments to the text were made to update the Rules and bring them into
compliance with the requirements of the Rules for Opening, Maintaining and
Closing Bank Accounts of Clients approved by the Board of the National Bank of
the Republic of Kazakhstan No. 207 dated August 31, 2016.
The amendments provide for:
1) the reduction in the number of documents required from clients to open a bank
account;
2) dropping the requirement to provide KASE client's questionnaire on combating
legalization (laundering) of illegally gained income and financing of
terrorism.
Besides, the Rules were proofread.
Revised text of the Rules is published on KASE' website –
https://kase.kz/files/normative_base/banking_operation_rules.pdf
[2018-05-17]