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]