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AFSA NOTICE № AFSA-N-NB-2022-0002 ON CLASS MODIFICATION IN RESPECT OF TIME PERIOD FOR MAKING MARKET DISCLOSURE

NOTICE No. AFSA-N-NB-2022-0002


THE ASTANA FINANCIAL SERVICES AUTHORITY HEREBY GIVES NOTICE THAT:


The Rule specified in the left-hand column of the Table below is modified to the extent shown in the right-hand column of the Table and the right-hand column applies to Reporting Entities that under 3.4.2(1)(a) of the AIFC Market Rules must disclose its required annual reports and audited annual financial statements, as applicable. 


TABLE – RULE MODIFIED


The Rule specified in the left-hand column of the Table below is modified to the extent shown in the right-hand column of the Table. In this Table, underlining indicates new text and striking through indicates deleted text, otherwise the Rule remains unaltered.


AIFC Act

Modified Text

AIFC Market Rules

3.4.2 Time period for making market disclosure

 

3.4.2 Time period for making market disclosure

(1) A Reporting Entity must disclose its required annual and semi-annual reports within the following time periods:

(a) in relation to its annual report: as soon as possible after the financial statements have been approved, but no later than 150 181 days after the end of the financial period; and

(b) in relation to its semi-annual report: as soon as possible and in any event no later than 75 days after the end of the period to which the report relates.


CONDITIONS

None.


EFFECTIVE PERIOD

This notice comes into effect on the date of issue and remains in force until June 30, 2022 (inclusive).


INTERPRETATION

Defined terms are identified in this notice by the capitalisation of the initial letter of a word or of each word in a phrase and are defined in the AIFC Glossary. Unless the context otherwise requires, where capitalisation of the initial letter is not used, an expression has its natural meaning.



THIS NOTICE IS ISSUED PURSUANT TO SECTION 9 OF THE FINANCIAL SERVICES FRAMEWORK REGULATIONS BY THE ASTANA FINANCIAL SERVICES AUTHORITY.