Measures being imposed

991000

1. administrative sanction was applied due to in repeated (two or more times within twelve consecutive calendar months) violation of the insurance organization established by the National Bank of the Republic of Kazakhstan prudential norm

1. Статья: 228 Пункт: 5 - Of Administrative Violations Code of the Republic of Kazakhstan

1. Concerning regulation of financial sector

Центральный аппарат

376580

1. administrative offense resulted in non-compliance with obligation accepted by Insurance organization and (or) assigned to it by the National Bank of Kazakhstan through the application of enforcement measures

1. Статья: 227 Пункт: 2 -

1. Concerning regulation of financial sector

Центральный аппарат

396400

1. administrative offense was expressed in submission of unreliable statements by the insurance company

1. Статья: 228 Пункт: 2 - Of Administrative Violations Code of the Republic of Kazakhstan

1. Concerning regulation of financial sector

Центральный аппарат

198200

1. "administrative offense resulted in the accounting of the violation of the requirements established by the legislation of the Republic of Kazakhstan on accounting and financial reporting, and methods (principles) accounting, which led to a distortion of the financial statements"

1. Статья: 239 Пункт: 4 - Of Administrative Violations Code of the Republic of Kazakhstan

1. Concerning regulation of financial sector

Центральный аппарат

298850

1. "administrative offense resulted in the accounting of the violation of the requirements established by the legislation of the Republic of Kazakhstan on accounting and financial reporting, and methods (principles) accounting, which led to a distortion of the financial statements"

1. Статья: 239 Пункт: 4 - Of Administrative Violations Code of the Republic of Kazakhstan

1. Concerning regulation of financial sector

Центральный аппарат

1. As a violance of the sub-paragraph 2) paragraph 8 of the Rules of financial reporting by financial institutions, specialized finance companies, Islamic special finance companies, microfinance institutions, approved by the Board of the National Bank of the Republic of Kazakhstan №41 from 28.01.2016.

1. Статья: 8 Пункт: 2 - Of the Law about the Procedure of Considering Applications of Individuals and Legal Entities

1. Concerning regulation of financial sector

Центральный аппарат

198200

1. "administrative offence resulted in the implementation of the insurance (reinsurance) organization, transactions and operations in violation of the legislation of the Republic of Kazakhstan on insurance and insurance activities"

1. Статья: 228 Пункт: 6 - Of Administrative Violations Code of the Republic of Kazakhstan

1. Concerning regulation of financial sector

Центральный аппарат

198200

1. "administrative offence resulted in the implementation of the insurance (reinsurance) organization, transactions and operations in violation of the legislation of the Republic of Kazakhstan on insurance and insurance activities"

1. Статья: 228 Пункт: 6 - Of Administrative Violations Code of the Republic of Kazakhstan

1. Concerning regulation of financial sector

Центральный аппарат

198200

1. "administrative offence resulted in the implementation of the insurance (reinsurance) organization, transactions and operations in violation of the legislation of the Republic of Kazakhstan on insurance and insurance activities"

1. Статья: 228 Пункт: 6 - Of Administrative Violations Code of the Republic of Kazakhstan

1. Concerning regulation of financial sector

Центральный аппарат

198200

1. "administrative offence resulted in the implementation of the insurance (reinsurance) organization, transactions and operations in violation of the legislation of the Republic of Kazakhstan on insurance and insurance activities"

1. Статья: 228 Пункт: 6 - Of Administrative Violations Code of the Republic of Kazakhstan

1. Concerning regulation of financial sector

Центральный аппарат