Insiders dealings and securities market manipulations now punishable by law in Kazakhstan

viewings icon comments icon

ПОДЕЛИТЬСЯ

whatsapp button telegram button facebook button
First Deputy Prosecutor General Johan Merkel. Photo  courtesy of ortcom.kz. First Deputy Prosecutor General Johan Merkel. Photo courtesy of ortcom.kz.

Insiders dealings and securities market manipulations will be punishable by law in Kazakhstan, Tengrinews correspondent reports citing First Deputy Prosecutor General Iogan Merkel.

"Two new articles are being introduced: Securities Market Manipulation and Insiders Dealings. There were no such articles before," said Merkel, responding to journalist questions after a meeting of the Judiciary Committee of the Senate that was devoted to preparations for the second reading of the new draft Criminal Code of Kazakhstan.

Merkel also noted that all in all the senators have made 55 amendments to the new draft of the Criminal Code. Earlier he informed that imprisonment for economic crimes can be avoided in case all the damages are repaid. He noted that these citizens will, nevertheless, get a criminal record. As for those people who are already serving their sentences in prisons for economic crimes, the new norm will not apply to them.

whatsapp button telegram button facebook button copyLink button
Иконка комментария блок соц сети

Insiders dealings and securities market manipulations will be punishable by law in Kazakhstan, Tengrinews correspondent reports citing First Deputy Prosecutor General Iogan Merkel.

"Two new articles are being introduced: Securities Market Manipulation and Insiders Dealings. There were no such articles before," said Merkel, responding to journalist questions after a meeting of the Judiciary Committee of the Senate that was devoted to preparations for the second reading of the new draft Criminal Code of Kazakhstan.

Merkel also noted that all in all the senators have made 55 amendments to the new draft of the Criminal Code. Earlier he informed that imprisonment for economic crimes can be avoided in case all the damages are repaid. He noted that these citizens will, nevertheless, get a criminal record. As for those people who are already serving their sentences in prisons for economic crimes, the new norm will not apply to them.

Reporting by Renat Tashkinbayev, writing by Dinara Urazova
 

Tengrinews
Читайте также
Join Telegram Последние новости
Fog to blanket Almaty until February 10
Лого TengriNews мобильная Лого TengriLife мобильная Лого TengriSport мобильная Лого TengriAuto мобильная Иконка меню мобильная
Иконка закрытия мобильного меню
Открыть TengriNews Открыть TengriLife Открыть TengriSport Открыть TengriAuto Открыть TengriTravel Открыть TengriEdu Открыть TengriGuide

Exchange Rates

 501.83  course up  519.8  course up  5.31  course down

 

Weather

 

Редакция Advertising
Социальные сети
Иконка Instagram footer Иконка Telegram footer Иконка Vkontakte footer Иконка Facebook footer Иконка Twitter footer Иконка Youtube footer Иконка TikTok footer Иконка WhatsApp footer