Article 2-1. The main objectives and principles of regulation in the field of commodity exchanges of the Commodity Exchanges Act

Home / RLA / Article 2-1. The main objectives and principles of regulation in the field of commodity exchanges of the Commodity Exchanges Act

1. The main objectives of regulation in the field of commodity exchanges are:

1) ensuring the open and efficient functioning of commodity exchanges;

2) protection of the rights of participants in exchange trading and fair competition;

3) ensuring the execution of transactions concluded on the commodity exchange.

2. The main principles of regulation in the field of commodity exchanges are:

1) legality of exchange trading;

2) ensuring equal opportunities and responsibility for participants in exchange trading;

3) transparency and accessibility of information.

The Law of the Republic of Kazakhstan dated May 4, 2009 No. 155-IV.

This Law regulates public relations arising in the course of commodity exchanges and exchange trading, establishes the procedure for regulating and state control over the activities of commodity exchanges in order to ensure their open and effective functioning, protect the rights of participants in exchange trading and fair competition between them.

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Republic of Kazakhstan

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