OREANDA-NEWS. May 28, 2010. The Board of directors of Kazakhstan Stock Exchange (KASE) approved changes and addition No. 17 (the Amendments) to KASE internal document "Rules on currency trading settlement" (the Rules), effective June 7, 2010, reported the press-centre of KASE.

The Amendments were approved with the Agency of the Republic of Kazakhstan on regulation and supervision of financial market and financial organizations (FSA) May 20, 2010.

The Amendments were made as Kazakhstan is launching on June 7, 2010 new individual bank account numbers and new banking identification codes based on international standards ISO 13616: IBAN and ISO 9362: BIC accordingly, and in connection with use of IBANs and BICs beginning August 13, 2010 at payments and money transfers.

In accordance with the mentioned above the Regulations have amended KASE correspondent tenge account banking details, and a supplemented form according to which KASE currency market members must present the Exchange their tenge banking accounts details.

The Rules are available at the KASE website at
http://www.kase.kz/files/normative_base/dmoney_eng.pdf