KASE and KASE Clearing Centre receive status of systemically important infrastructure financial organizations

/KASE, January 26, 2024/ – Kazakhstan Stock Exchange JSC (KASE) and its 100% subsidiary – KASE Clearing Centre JSC – are classified as systemically important infrastructure financial organizations. This status was granted to KASE and KASE Clearing Centre in accordance with the Rules for classifying financial organizations as systemically important, approved by Resolution No. 240 of the Board of the National Bank of the Republic of Kazakhstan dated December 23, 2019, and in accordance with the order No. 17 of the Chairman of the National Bank of the Republic of Kazakhstan dated January 19, 2024. This means that the stability of the functioning of the securities market of the Republic of Kazakhstan depends on the sustainable activities of KASE and KASE Clearing Centre. According to the uniqueness criterion, KASE and KASE Clearing Centre are the only organizations that carry out, respectively: - the organizing of trading in securities and other financial instruments; - clearing activities for transactions with financial instruments. [2024-01-26]