OREANDA-NEWS. Following a decision of Kazakhstan Stock Exchange (KASE) Board of Directors of August 31, 2016, amendments No. 4 to KASE internal document "Rules of Repo Transactions Execution" (Rules) were approved, effective as of October 1, 2016.

Said amendments were made in order to control the failure to settle the repo deals due to the expiration of a document certifying the identity of the clients who conclude repo transactions, and set forth the following:

- repo transactions participants must check the validity of the identity documents of their clients as of the settlement date of the transaction when submitting their clients' applications;

- on the basis of the information received from the Central Securities Depository, KASE blocks the possibility of repo transacting by members of using KASE customers' trading accounts within 30 calendar days before the clients' identity documents expiry date through its trading system.