OREANDA-NEWS. Following a decision of Kazakhstan Stock Exchange (KASE) Management Board of June 30, 2016 KASE redrafted internal document "Procedure of Exchange Members Monitoring" (Procedure) was approved, effective as of July 1, 2016.
The new version of the Procedure was developed based on the document of the same name in order to

1)align the Procedure with KASE internal documents "Regulations on Membership" and "Regulations on Clearing Participants";

2)clarify the object of information verification, which is received from members of KASE;

3)determine an additional way of notifying KASE members of the deficiencies identified in the previously provided information;

4)update the Procedure as the consideration of the KASE members monitoring report changed.

In addition, the procedural and editorial clarifications were made to the Procedure.

As of July 1, 2016 the outdated Procedure shall be deemed invalid.