On May 31 on KASE had taken place the seminar "Organized stock market of Republic of Kazakhstan" practical questions of admittance and circulation of securities"

01.06.07 21:20
/KASE, June 1, 07/ - On May 31, 2007 Kazakhstan stock exchange (KASE) conducted the seminar "Organized stock market: practical questions of admittance and circulation of securities". As organizer of seminar was acting KASE, as general sponsor - JPA International Audit Garant LLP. Information support to seminar was provided by analytical magazine "Market of securities of Kazakhstan" and magazine "Litchniye dengi". Aims and tasks of seminar were explanation to participants of market of practical aspects of listing requirements and procedures, which were worked by KASE for 10 years and application of them on market, and also lighting of problems, appearing during interaction of KASE with initiators of admittance. Seminar was opened by President of KASE Djoldasbekov A.M., who in his addressing to participant had made the official application about politics of KASE in relation of audit organizations of Kazakhstan. "KASE considers as professional audit union only the Chamber of Auditors of Republic of Kazakhstan and will give to the Chamber the reports of new audit organizations with the aim of their qualified evaluation", - A.M. Djoldasbekov informed. In the frames of the passed seminar the next reports were represented: - Exchange and exchange market today Speaker: Sabitov I.M., First Vice-president of KASE; - Listing requirements and fees on the special trade floor of regional financial center of Almaty speaker: Taimova O.G., deputy director of Development department of Agency for regulating the activities of RFCA; - Listing procedures on kASE Speaker: Tsalyuk G.A., Director of Listing department of KASE; - Opening of information on organized market of securities: abilities and problems Speaker: Babenov B.B., Vice-president of KASE; - Practical aspects of gathering of audit proofs during conduction of audit by the company for correspondence with ISFS and requirements to opening of information of International standards of audit practice (ISAP) Speaker: Manankova M.S., Director of subsidiary of JPA International Audit Garant LP in Almaty; - Listing of shares' investment funds on the exchange Speaker: Sakhipova L.A., head of Juridical service of Centras Securities JSC; - Role of financial consultant on the organized market of securities in Republic of Kazakhstan Speaker : Nurgaliyeva L.K., head of Department of internal borrowings of Capital markets department of Kazkommerts Invest JSC. The passed seminar had become the pioneer from the series of seminars for issuers and investors, which are planned by KASE for conduction in year 2007 in Kazakhstan regions with participation of Agency for regulating the activities of regional financial center of Almaty. The need in conduction of these seminars was caused by transfer of KASE to active marketing politics due to changes in legislation about market of securities. Materials of the seminar are available at http://www.kase.kz/Mix/310507_seminar_docs.asp [2007-06-01]