On July 26 Deloitte CIS and UK held a workshop discussing the IPOs of CIS companies on the London Stock Exchange.

The objectives of the workshop were to share ideas, experiences and issues concerning CIS companies listing in London, and to meet other professionals assisting CIS companies in going to IPO. The event was a continuing part of Deloitte CIS's "Don't Go To London Without Deloitte" initiative.

Present from Deloitte were Darryl Hadaway from Deloitte Kazakhstan and Maxim Lubomudrov from Deloitte Russia who were joining by the professionals from Deloitte London.

The whole event was very well received!

The panel included the following:

- Maxim Lubomudrov - Deloitte CIS - Leader of the "Don't Go To London Without Deloitte" initiative
- Darryl Hadaway - Deloitte CIS - Managing Partner Caspian Region
- Colin Singleton - Deloitte UK - specialist in IPOs in the CIS
- John McRoberts - Aurora Russia – Director
- John Smelt - Kazakhmys PLC - Head of Corporate Communications
- Chingiz Kanapyanov - Kazakh Embassy - Secretary for Economic Affair

The discussion was moderated by Paul Franek, Deloitte UK, Head of the Russia desk in the UK.

Anar Zhailganova, Judge of the Financial (Commercial Court) for RFCA in Kazakhstan, also attended the event, along with the host, Tracey Pierce, Head of Global Business at the LSE.

The following were some of the issues covered in the panel discussion:

• Market sentiment - The outlook for the listings in the next few years, key factors influencing future growth
• Hot sectors for future IPOs
• Development and relationship of the exchanges across Moscow, Almaty and London over the coming years
• Kazakhstan as a significant and emerging player
• Investor’s views on these markets
• London’s view on governance issues around CIS companies and the impact on the rules surrounding Financial Reporting Procedure.