Amendments to the Regulations on Clearing Participants will come into effect on March 7

/KACC, March 6, 2025/ – By a decision of the Board of Directors of KASE Clearing Centre (KACC) dated March 6, 2025, changes and additions No. 5 (amendments) to KACC's internal document "Regulations on Clearing Participants" (the Regulations) were approved, which will come into effect from March 7, 2025. The amendments provide, among other things, for the following: - introduction of the concept of "trading environment" (an integrated information system, using which orders are submitted and transactions are concluded on unorganized (over-the-counter) markets directly between various counterparties, as well as on markets where the organizer of trades is not Kazakhstan Stock Exchange (KASE), with their subsequent transfer to the trading and clearing system for the provision of clearing services); - introduction of the status of a clearing participant in the over-the-counter market and allocation of the status of clearing participants in KASE's exchange markets; - clarification for the purpose of extending the requirements of the Regulations to candidates (clearing participants) of the trading environment. The updated text of the Regulations will be published on KACC's Internet resource at http://kacc.kase.kz/en/clearing/ [2025-03-06]