EN
23 February 2026, 14:28
English
Information/
Market and Company News
02.03.2021 22:03 #Corporate events

Agency of Republic of Kazakhstan for Regulation and Development of Financial Market announces changes in legislation of Republic of Kazakhstan related to issue of non-government bonds subject to private offering

/KASE, March 2, 2021/ – The Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market has provided Kazakhstan Stock Exchange (KASE) with the following communique:

quote

As part of the implementation of the Act No. 399-VI of the Republic of Kazakhstan dated 02.01.2021 "On amendments and additions to some legislative acts of the Republic of Kazakhstan on issues of the restoration of economic growth", the Management Board of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market adopted the Resolution No. 16*, which determines the procedure, conditions and terms of state registration of the issue, registration of changes and (or) additions to a private memorandum, as well as requirements for documents for state registration of an issue of non-government bonds subject to private offering, registration of changes and (or) additions to a private memorandum.

The Resolution provides for:

1) reduction of the list of documents for state registration of the issue of non-government bonds subject to private offering of bonds;

2) reduction of the terms for consideration by the authorized body of documents submitted for state registration of the issue of these bonds to three working days;

3) the requirement to submit a private memorandum, the structure of which has a reduced amount of information, in contrast to the bond issue prospectus.

This Resolution comes into effect upon the expiration of ten calendar days after the day of its first official publication – 27.02.2021.

* Resolution No. 16 of the Board of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market dated February 9, 2021 "On amendments and additions to the Resolution No. 248 of the Board of the National Bank of the Republic of Kazakhstan dated October 29, 2018 "On approval of the Rules for state registration of the issue of non-government bonds (bond program ), registration of changes and (or) additions to the issue prospectus of non-government bonds (prospectus of the bond program), submission and consideration of a notice on the results of redemption of non-government bonds, cancellation of the issue of non-government bonds, Requirements for documents for state registration of the issue of non-government bonds (bond program), registration of changes and (or) additions to the issue prospectus of non-government bonds (the prospectus of the bond program), consideration of the notice on the results of redemption of non- government bonds, the List of documents for cancellation of the issue of non- government bonds and requirements for them, the Rules for the preparation and drawing up of the issue prospectus of non-government bonds (prospectus of the bond program), changes and (or) additions to the issue prospectus of non- government bonds (prospectus of the bond program), notification of the results of redemption of non-government bonds", registered with the Ministry of Justice of the Republic of Kazakhstan on February 12, 2021 under No. 22198

unquote

[2021-03-02]