Tuesday April 28 2015

News Source: Global Exchanges

Focus: Trading Rules

Type: General

Country: Kazakhstan

Link: http://www.kase.kz/en/news/show/1253247




National Bank of the Republic of Kazakhstan has announced that in order to improve the Investors Protection Indicator position of Kazakhstan in the Doing Business ranking, the joint stock companies regulation laws of the Republic of Kazakhstan have been amended based on the laws of the Republic of Kazakhstan of December 29, 2014 “Amendments and Additions to Certain Legislative Acts of the Republic of Kazakhstan related to radical improvement of business environment in the Republic of Kazakhstan”.

The amendments include the following:

  • improvement of disclosure requirements to the public, creditors and investors made by joint-stock companies regarding information about their activities;
  • strengthening of company shareholders rights protection system;
  • improvement of company management structures

Click on the link above for further details.