14.06.19
16:14

Rules of Rendering Services on Recordkeeping of Unclaimed Money have been approved

The Rules of Rendering Services on Recordkeeping of Unclaimed Money (the Rules), approved by the decision of the Board of Directors of Central Securities Depository JSC (the Central Securities Depository), absent voting of which was held on June 14, 2019, have been approved. The Rules have been included in the composition of the Central Securities Depository’s Code of Rules.

The Rules have been developed to bring the Central Securities Depository’s Code of Rules in compliance with the amendments in articles 23, 24 and 25–1 of the law of the Republic of Kazakhstan On Joint Stock Companies, which will become effective from July 01, 2019. In accordance with these amendments the Central Securities Depository will be liable to keep record of unclaimed money from July 01, 2019.

The amendments will become effective from July 01, 2019.

Russian version of the Rules will be published later in section [Regulatory Base] on the Central Securities Depository’s website.