Amendments to Instruction on the Procedure for Assigning Codes to Members of Kazakhstan Stock Exchange and their Accounts, Issuers of Securities and Financial Instruments put into effect as of October 9

09.10.20 17:46
/KASE, October 9, 2020/ – Following a decision of the Management Board of the Kazakhstan Stock Exchange (KASE) of October 8, 2020, changes and amendments No. 11 (amendments) to internal document of KASE "Instruction on the Procedure for Assigning Codes to Members of Kazakhstan Stock Exchange and their Accounts, ssuers of Securities and Financial Instruments" (Instruction), which are put into effect as of October 9, 2020, were approved. The said amendments define the procedure for assigning codes: - to the issuer of securities, which is a microfinance organization; - to securities of investment funds of various types; - to financial instruments planned to be admitted to the KASE Private Market. In addition, the amendments have made clarifications to identify securities that have two different ISINs due to the fact that such securities are subject to the requirements for investors (holders) of international regulations Rule144A (securities may be offered only to qualified U.S. holders upon placement) and RegS (securities are not traded in the U.S. and are not acquired by U.S. residents). The updated text of the Instruction will soon be released on KASE website at https://kase.kz/files/normative_base/code_fins.pdf [2020-10-09]