"Insurance Company "Salem", JSC (renamed from "Insurance Company "Alatau" JSC) - at the liquidation stage
Insurance organizations
21.02.2019
ПП НБРК №29
Sanctions and other administrative penalties
License withdrawal
The nature of a breach:
1. For non-elimination of the circumstances that led to the suspension of the license and repeated (two or more times within twelve consecutive calendar months) non-compliance with the requirements of prudential standards and other mandatory standards and limits established by the legislation of the Republic of Kazakhstan.
Статья/пункты НПА, Статья КоАП:
1.
Статья: 55
Пункт: пп.1), 2-3) п.1
- The Law of the Republic of Kazakhstan "On Insurance Activities"
Note:
The insurance organization does not have the right to carry out insurance or other activities, also it is obliged to terminate all operations on existing bank accounts, except for operations, the list of which determined by the authorized body.
Type of Enactments
1. "About insurance" Law of the Republic of Kazakhstan
Name of Regional Branch of National Bank of Kazakhstan / Department:
Центральный аппарат
"Life Insurance Company "Standard Life" JSC (renamed "Life Insurance Company "Grandes" JSC)
Insurance organizations
25.02.2019
№33-10-02/948
Limited enforcement action
Written warning
The nature of a breach:
1. Due to the violation of the requirements for the procedure and conditions of disclosure of the information about its activities
Статья/пункты НПА, Статья КоАП:
Type of Enactments
1. Concerning regulation of financial sector
Name of Regional Branch of National Bank of Kazakhstan / Department:
Центральный аппарат
Insurance Company "Jýsan Garant" JSC (renamed from - Subsidiary "Tsesnabank" JSC Insurance Company "Tsesna Garant" JSC)
Insurance organizations
15.03.2019
33-1-05/1237
Limited enforcement action
Written prescription
The nature of a breach:
1. For violation of the requirements of the Law of the Republic of Kazakhstan "On compulsory insurance of civil liability of vehicle owners", Regulation No. 14
Date of performance:
26.03.2019
Статья/пункты НПА, Статья КоАП:
1.
Статья: 22
Пункт: 3
- Of the Law of the Republic of Kazakhstan "On compulsory insurance of civil liability of vehicle owners"
2. Статья: 17 Пункт: пп.6 п.2 - Of the Law of the Republic of Kazakhstan "On compulsory insurance of civil liability of vehicle owners"
3. Статья: 11 - Of Regulation No. 14
4. Статья: 3 - Of Annex 6 to Regulation No. 14
2. Статья: 17 Пункт: пп.6 п.2 - Of the Law of the Republic of Kazakhstan "On compulsory insurance of civil liability of vehicle owners"
3. Статья: 11 - Of Regulation No. 14
4. Статья: 3 - Of Annex 6 to Regulation No. 14
Type of Enactments
1. Concerning regulation of financial sector
Name of Regional Branch of National Bank of Kazakhstan / Department:
Центральный аппарат
"Insurance Company "Коmmesk-Оmir", JSC
Insurance organizations
15.04.2019
61-12-13/4/47/16
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
252500
The nature of a breach:
1. administrative sanction was applied due to the fact that the Insurance company delayed in producing insurance payments
Date of performance:
15.05.2019
Статья/пункты НПА, Статья КоАП:
1.
Статья: 229
Пункт: 1
- Administrative Violations Code of the Republic of Kazakhstan
Type of Enactments
1. Concerning observance of financial consumer's rights
Name of Regional Branch of National Bank of Kazakhstan / Department:
Мангистауский филиал (Актау)
"Insurance Company" ASKO", JSC
Insurance organizations
16.04.2019
190000803000183
Sanctions and other administrative penalties
Warning
The nature of a breach:
1. The failure to file the financial statements and other types of reporting on time
Статья/пункты НПА, Статья КоАП:
1.
Статья: 212
Пункт: 1
- Of the Code of the Republic of Kazakhstan "on administrative offences"
Type of Enactments
1. On submission financial and other reporting
Name of Regional Branch of National Bank of Kazakhstan / Department:
Центральный аппарат
"Life Insurance Company "Standard Life" JSC (renamed "Life Insurance Company "Grandes" JSC)
Insurance organizations
16.04.2019
190000803000185
Sanctions and other administrative penalties
Warning
The nature of a breach:
1. The failure to file the financial statements and other types of reporting on time
Статья/пункты НПА, Статья КоАП:
1.
Статья: 212
Пункт: 1
- Of the Code of the Republic of Kazakhstan "on administrative offences"
Type of Enactments
1. On submission financial and other reporting
Name of Regional Branch of National Bank of Kazakhstan / Department:
Центральный аппарат
"Life Insurance Company "Standard Life" JSC (renamed "Life Insurance Company "Grandes" JSC)
Insurance organizations
16.04.2019
190000803000184
Sanctions and other administrative penalties
Warning
The nature of a breach:
1. The failure to file the financial statements and other types of reporting on time
Date of performance:
16.04.2019
Статья/пункты НПА, Статья КоАП:
1.
Статья: 212
Пункт: 1
- Of the Code of the Republic of Kazakhstan "on administrative offences"
Type of Enactments
1. On submission financial and other reporting
Name of Regional Branch of National Bank of Kazakhstan / Department:
Центральный аппарат
"Life Insurance Company "Nomad Life", JSC (renamed from "Astana-Finance" Life Insurance Company", JSC)
Insurance organizations
04.05.2019
33-4-07/1779
Limited enforcement action
Written prescription
The nature of a breach:
1. By results of inspection
Date of performance:
17.05.2019
Статья/пункты НПА, Статья КоАП:
Note:
Done
Type of Enactments
1. Concerning regulation of financial sector
Name of Regional Branch of National Bank of Kazakhstan / Department:
Центральный аппарат
"Insurance Company "NOMAD Insurance" , JSC
Insurance organizations
08.05.2019
№33-2-05/1820
Limited enforcement action
Written prescription
The nature of a breach:
1. On results of the inspection
Date of performance:
27.05.2019
Статья/пункты НПА, Статья КоАП:
Note:
Implemented
Type of Enactments
1. Concerning regulation of financial sector
Name of Regional Branch of National Bank of Kazakhstan / Department:
Центральный аппарат
"Central Securities Depository", JSC
Organizations engaged in certain types of banking оperations
02.07.2010
29304/1708
Limited enforcement action
Commitment letter
The nature of a breach:
1. Violation of Rules of National Bank of Kazakhstan №179 from 25.04.2000
Статья/пункты НПА, Статья КоАП:
Type of Enactments
1. Concerning compliance with the law on payments and money transfers
Name of Regional Branch of National Bank of Kazakhstan / Department:
Центральный аппарат
