AFS Approved Changes to Regulations on Membership Fees & Exchange Dues
OREANDA-NEWS. October 16, 2008. As informed previously, by the decision of Kazakhstan Stock Exchange (KASE) Board of August 28, 2008 were approved changes # 13 into KASE internal document "Regulations on Membership Fees and Exchange Dues" (Regulations), reported the press-centre of KASE.
These changes were agreed on with the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations (AFS) on October 9, 2008 and put into effect from October 10, 2008.
We remind that in compliance with the mentioned changes the maximum size of KASE commission fee for organization and execution of trades with the only seller or buyer of a financial instrument was increased from 1,600- to 15,000- fold MCI size.
Revised Regulations are published on KASE website at http://www.kase.kz/geninfo/normbase/tariff.pdf