/KASE, July 28, 2023/ – By a decision of the Board of Directors of Kazakhstan
Stock Exchange (KASE, or the Exchange) dated July 26, 2023, a new internal
document of KASE "Procedure for transfer of functionality for clearing and
settlement activities and activities of central counterparty from Kazakhstan
Stock Exchange JSC to KASE Clearing Center JSC" (the Procedure) was
approved, with effect from July 27, 2023.
The procedure determines the conditions and procedure for the Exchange to
transfer the functionality of clearing and settlement activities and activities
of the central counterparty in the stock market to KASE Clearing Center JSC.
The procedure is published on KASE website at
https://kase.kz/en/kase_rules/
("Clearing" tab – "Clearing procedures").
[2023-07-28]