OREANDA-NEWS. September 01, 2010. As previously informed, by Kazakhstan Stock Exchange (KASE) Board of Directors decision of May 28, 2010 were approved amendments # 15 to the KASE internal document "Rules of Repo Transactions Execution" (Rules), reported the press-centre of KASE.

Amendments approved by the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations (FSA) on August 20, 2010 and effective from August 25, 2010.

KASE reminds that amendments # 13 and # 14 to Rules defining the order of revaluation of liabilities on 'nego' repo transactions and crediting of compensation payment were made effective May 4, 2010.

At refinement of a tool revaluating liabilities on nego repo transactions and crediting compensation payment, taking into account high volatility and low liquidity of the Kazakhstan securities market, the rules were supplemented with amendments providing for reduction of terms, in which repo agents may send requirements on crediting of compensation payment at upper or lower revaluation and must upon the request credit compensation payment.

Also amendments are editorial.

The revised text of Rules is available on KASE website at http://www.kase.kz/files/normative_base/repo.pdf