KASE Board of Directors approves members of Committee on Foreign Currencies Market representing members of foreign currency market

12.03.14 12:29
/KASE, March 12, 14/ – Following a decision of Kazakhstan Stock Exchange (KASE) Board of Directors of March 6, 2014 due to the expiration on March 31, 2014 of powers of members of the Committee on Foreign Currencies Market representing members of the foreign currency market, effective from April 1, 2014 the following composition of the Committee on Foreign Currencies Market representing members of the foreign currency market has been approved: 1) Dmitriy Antipov, director of the Treasury Department of Subsidiary Bank JSC "Sberbank of Russia"; in case of his absence – Maksim Murygin, deputy director of the Treasury Department of Subsidiary Bank JSC "Sberbank of Russia"; 2) Talgat Ayupov, Head of Treasury Trade Operations Department of Halyk Savings Bank of Kazakhstan; in case of his absence – Serik Zhukenov, director of Treasury of Halyk Savings Bank of Kazakhstan; 3) Nurtely Baiteliev, deputy director – head of Division for interbank operations of the Treasury Department of JSC "Eurasian Bank"; in case of his absence – Rustem Haliaskarov, managing director – director of the Treasury department of JSC "Eurasian Bank"; 4) Askar Kazyev, head of the dealing division of the Treasury department of Bank CenterCredit; 5) Igor Romanenko, director of the Treasury department of JSC "Kaspi Bank"; 6) Dakhir Khalamkhanov – head of the division for foreign currencies and precious metals transactions of the Treasury of JSC "Kazkommertsbank"; in case of his absence – Evgeniy Mikhailov, director of the Treasury of JSC "Kazkommertsbank". According to the Regulations on Committee for Foreign Currencies Market it is comprised of the following persons: - a representative of the National Bank of the Republic of Kazakhstan; - a representative of the Committee on Regulation and Supervision of Financial Market and Financial Organizations of the National Bank of the Republic of Kazakhstan; - a representative of KASE, in the person of a member of the Management Board supervising the Settlements Chamber; - six representatives of members of the foreign currencies market; however, one foreign currencies market member cannot be represented by more than one representative. KASE reminds that the Committee on Foreign Currencies Market is a permanent out-of-structure body of KASE whose main task is detection of insolvency of members of the foreign currencies market and in case of need taking decisions on their transfer from the urgent mode into the preliminary mode of delivery of currency being sold and/or payment for foreign currency being purchased. The Regulations on Committee for Foreign Currencies Market are published on KASE website, at http://www.kase.kz/files/normative_base/currency_com_eng.pdf [2014-03-12]