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The document ceased to be valid since  September 27, 2019 according to Item 2 of the Order of the Minister of Trade and integration of the Republic of Kazakhstan of September 3, 2019 No. 31

ORDER OF THE MINISTER OF NATIONAL ECONOMY OF THE REPUBLIC OF KAZAKHSTAN

of December 26, 2014 No. 171

About approval of qualification requirements to activities of commodity exchanges, exchange brokers and dealers and the list of the documents confirming compliance to them

According to subitem 1-1) of Item 1 of article 12 of the Law of the Republic of Kazakhstan of May 16, 2014 "About permissions and notifications" PRIKAZYVAYU:

1. Approve the enclosed Qualification requirements to activities of commodity exchanges, exchange brokers and stock dealers and the list of the documents confirming compliance to them.

2. To provide to department of regulation of trading activity of the Ministry of national economy of the Republic of Kazakhstan in the procedure established by the legislation:

1) state registration of this order in the Ministry of Justice of the Republic of Kazakhstan;

2) within ten calendar days after state registration of this order in the Ministry of Justice of the Republic of Kazakhstan the direction it on official publication in official mass media and information system of law of Ad_let;

3) placement of this order on Internet resource of the Ministry of national economy of the Republic of Kazakhstan.

3. To impose control of execution of this order on the supervising vice-minister of national economy of the Republic of Kazakhstan.

4. This order becomes effective after twenty one calendar days after the first official publication.

Minister

E.Dosayev

Approved by the Order of the Minister of national economy of the Republic of Kazakhstan of December 26, 2014 No. 171

Qualification requirements to activities of commodity exchanges, exchange brokers and stock dealers and the list of the documents confirming compliance to them

 

Qualification requirements include availability:

Documents

to activities of commodity exchanges

1

Electronic trading system of the commodity exchange meeting general requirements to the electronic trading systems of commodity exchanges approved according to Item 3-2 of article 4 of the Law of the Republic of Kazakhstan of May 4, 2009 "About commodity exchanges"

The form of data containing information:

about the delivery-acceptance certificate and commissioning;

about availability of the statement of fixed assets;

about the specification;

about the description of electronic trading system (according to appendix 1)

2

The structural division equipped with necessary means on providing the mode of privacy (confidentiality), and also safety of the data which are trade secret at commodity exchange, including on electronic media

The form of data containing information on the order, on approval of regulations on structural division and the order on the admission of persons having access of the classified information (according to appendix 1)

3

The rules of stock exchange trading developed on the basis of standard rules of stock exchange trading, approved according to Item 2-1 of article 4 of the Law of the Republic of Kazakhstan of May 4, 2009 "About commodity exchanges"

The form of data containing information on approval of rules of stock exchange trading (according to appendix 1)

4

At the staff of commodity exchange holding executive positions:

the higher education;

length of service in the sphere of commodity exchanges (and/or) in the financial organizations at least three years

 

At the staff of commodity exchange who is not holding executive positions:

the higher or postsecondary education

The form of data containing information:

about education and length of service of the employees holding executive positions according to the staff list;

about appointment of the head;

about education of the employees who are not holding executive positions according to the staff list (according to appendix 1)

5

Structural divisions on the organization of trade and for work with clients

The form of data containing information on the order, on approval of regulations on structural division on the organization of trade and on work with clients (according to appendix 1)

6

Clearing center, or usage agreement of services of clearing center

The form of data containing information on the order, on creation of clearing center, or on the usage agreement of services of clearing center (according to appendix 1)

7

Agreements of intention on cooperation or rendering services at least with seven exchange brokers and (or) stock dealers

The form of data containing information on agreements of intention on cooperation or rendering services (according to appendix 1)

8

Own Internet resource in the state and Russian languages containing information on commodity exchange and procedure for carrying out the biddings by it and also the special Section for placement of results of the exchange biddings

The form of data containing information on putting into operation of Internet resource (according to appendix 1)

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