Amendments to the Rules on Registers System Maintenance of the Central Securities Depository's Code of Rules have been approved

The changes and addition #3 (the amendments) to the Rules on Registers System Maintenance have been approved by the resolution of the Board of Directors of Central Securities Depository JSC (the Central Securities Depository), absent voting of which was held on July 3, 2020.

The amendments were developed in order to bring the Central Securities Depository’s Code of Rules in compliance with the requirements of the current legislation of the Republic of Kazakhstan.

The amendments contain the procedure of recordkeeping and registration of transactions with units, purchased under insurance contract between registered person and insurance company, stipulating the condition for the participation of the unit holder in investments.

The amendments will become effective from July 20, 2020.

Russian version of the Rules, updated in accordance with the amendments, will be published in subsection [Registrar and Depository Activities] of section [Regulatory Base] of the Central Securities Depository’s website.