License of the commodity exchange was suspended

Almaty. June 19. KazTAG – The license of the commodity exchange was suspended due to a violation in Kazakhstan.
“By the resolution of the Department of the Agency for the Protection and Development of Competition -of Almaty, JSC Commodity Exchange Alan was brought to administrative responsibility in accordance with Part 1 of Article 464 of the Code of Administrative Offenses of the Republic of Kazakhstan for non-compliance with qualification requirements. As a result, a fine is imposed and an additional administrative penalty is applied in the form of suspension of the license for a period of one month,” reads the statement.
As noted, on the basis of these court decisions, the agency suspended the license of the commodity exchange for a period of one month.

Photo source: picture from an open source


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