Amendments to Regulations on Membership effective as of April 28

28.04.17 16:22
/KASE, April 28, 2017/ – Following a decision of Kazakhstan Stock Exchange (KASE) Board of Directors of April 27, 2017 amendments No. 4 to KASE internal document "Regulations on Membership" (Regulations) were approved, with effect as of April 28, 2017. These amendments were made in order to - remove the authorized capital requirement for KASE FX, stock and derivatives membership candidates – legal entities of the Republic of Kazakhstan; - level down the authorized capital requirement for KASE stock and derivatives membership candidates – foreign legal entities from USD5 m to 400,000 times the monthly calculation index. The updated Regulations will be available on KASE website soon. [2017-04-28]