/KASE, November 7, 2024/ – By a decision of the Board of Directors of
Kazakhstan Stock Exchange (KASE) dated November 4, 2024, the following
amendments in KASE internal documents were approved:
- changes and additions No. 10 to the Regulations on Membership;
- changes No. 21 to the Regulations on membership fees, exchange and
clearing fees, and on the commission for collateral accounting.
These amendments are in effect from November 5, 2024.
The amendments were made in order to update and optimize the conditions and
procedures for membership of organizations on KASE.
The following main changes have been made to the Regulations on Membership:
- requirements for candidates for KASE membership – AIFC participants in
the "currency", "stock" and "derivatives" categories have been clarified;
- for candidates for KASE membership and current KASE members of various
types (residents, foreign legal entities and AIFC participants) regarding the
absence of sanctions restrictions in relation to a KASE member and/or its
participants/shareholders/officials, as well as ultimate beneficiaries;
- clarifying and editorial amendments have been made.
The following main changes have been made to the Regulations on membership
fees, exchange and clearing fees, and on the commission for collateral
accounting:
- membership fees, exchange and clearing fees have been established for
KASE members – AIFC participants in the "currency" category;
- clarifying and editorial amendments have been made.
The updated texts of the documents will be published on KASE's Internet
resource at
https://kase.kz/en/kase_rules/ (tab "Membership").
[2024-11-07]