Kazakhstan Stock Exchange (KASE)
2023: Requirement for brokers to forcibly separate accounts of citizens of Russia and Belarus from accounts of other clients in securities with settlements in Europe
Kazakhstan broker Halyk Finance in April 2023 announced the demand of the Kazakhstan Stock Exchange to forcibly separate the accounts of citizens of Russia and Belarus from the accounts of other clients. Tentatively, segregation will begin after May 1, 2023.
The company also stressed that segregation concerns securities "denominated in a currency other than tenge, and on instruments for which settlements pass through the international settlement depositories Euroclear and Clearstream."
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