«Insurance Company «Kompetenz», JSC (renamed from "Insurance Company "Аllianz Кazakhstan", JSC)
Insurance organizations
28.06.2017
3
Limited enforcement action
Written agreement
The nature of a breach:
1. For violation of the adequacy of the solvency margin and for incorrect calculation of the insurance reserve
Date of performance:
15.04.2018
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
«STANDARD» Insurance Company», JSC (renamed from - "Insurance Company "Astana - Finance" JSC)
Insurance organizations
30.06.2017
37-1-05/901
Limited enforcement action
Written prescription
The nature of a breach:
1. For the preparation of accounting policies in violation of the requirements of International financial reporting standards (IFRS) 38
Date of performance:
18.08.2017
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
"Insurance Company "Amanat", JSC
Insurance organizations
30.06.2017
№ 123
Sanctions and other administrative penalties
License suspension
The nature of a breach:
1. License for compulsory insurance suspended for three months for: - failure to comply with the limited interventions that have been applied by the authorized body; - failure to comply with prudential norms established by the legislation of the Republic of Kazakhstan; - identification of violation of legislative acts of the Republic of Kazakhstan, regulating mandatory types of insurance, expressed in the application of unreasonable amounts of insurance premiums, failure to perform or improper performance of duties arising from the conditions and procedure of compulsory insurance; - violation of the prohibition established by article 15-1 of the Law of the Republic of Kazakhstan «On Insurance Activities» (Hereinafter – Law) on provision of favorable conditions to persons affiliated with the insurance (reinsurance) organization; - failure to comply with an insurance agent requirements of the Law and legislative acts of the Republic of Kazakhstan on compulsory types of insurance
Статья/пункты НПА, Статья КоАП:
Note:
The license shall be considered as suspended from the day of receiving the resolution by JSC «IC « Amanat «. The resolution was received 05.07.2017.
Type of Enactments
1. Concerning regulation of financial sector
Name of Regional Branch of National Bank of Kazakhstan / Department:
Центральный аппарат
"Insurance Company "Salem", JSC (renamed from "Insurance Company "Alatau" JSC) - at the liquidation stage
Insurance organizations
01.07.2017
№173900803000035
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
226900
The nature of a breach:
1. untimely paying insurance contribution
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:
Костанайский филиал (Костанай)
"Insurance Company "Kazakhmys", JSC
Insurance organizations
04.07.2017
№37-5-07/939
Limited enforcement action
Written prescription
The nature of a breach:
1. For incorrect calculation of the insurance reserves
Date of performance:
20.07.2017
Статья/пункты НПА, Статья КоАП:
1.
Статья: 4
- Of Decision №76 of 6 May 2014 of the Board of the NBRK
Note:
Implemented
Type of Enactments
1. Concerning regulation of financial sector
Name of Regional Branch of National Bank of Kazakhstan / Department:
Центральный аппарат
«Insurance Company «Kompetenz», JSC (renamed from "Insurance Company "Аllianz Кazakhstan", JSC)
Insurance organizations
10.07.2017
170000803000642
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
567250
The nature of a breach:
1. Administrative sanction was expressed in the failure to comply with the written prescription
Date of performance:
08.08.2017
Статья/пункты НПА, Статья КоАП:
1.
Статья: 227
Пункт: 2
-
Note:
Executed
Type of Enactments
1. Concerning regulation of financial sector
Name of Regional Branch of National Bank of Kazakhstan / Department:
Центральный аппарат
"Insurance Company "Salem", JSC (renamed from "Insurance Company "Alatau" JSC) - at the liquidation stage
Insurance organizations
10.07.2017
170000803000628
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
1134500
The nature of a breach:
1. Administrative offense was expressed in numerous (two and more times during twelve consecutive calendar months) violation of the prudential normatives established by National Bank
Date of performance:
18.08.2017
Статья/пункты НПА, Статья КоАП:
1.
Статья: 228
Пункт: 5
- Of Administrative Violations Code of the Republic of Kazakhstan
Note:
implemented
Type of Enactments
1. Concerning regulation of financial sector
Name of Regional Branch of National Bank of Kazakhstan / Department:
Центральный аппарат
"Insurance Company "Salem", JSC (renamed from "Insurance Company "Alatau" JSC) - at the liquidation stage
Insurance organizations
13.07.2017
№ 59-8-32/1806
Limited enforcement action
Written prescription
The nature of a breach:
1. Violation of the terms of the insurance payment
Date of performance:
01.08.2017
Статья/пункты НПА, Статья КоАП:
1.
Статья: 26
Пункт: 1
- Law of the Republic of Kazakhstan "About obligatory insurance of civil responsibility of owners of vehicles"
Type of Enactments
1. Concerning observance of financial consumer's rights
Name of Regional Branch of National Bank of Kazakhstan / Department:
Костанайский филиал (Костанай)
"Insurance Company "Коmmesk-Оmir", JSC
Insurance organizations
17.07.2017
№37-3-06/998
Limited enforcement action
Written warning
The nature of a breach:
1. on regulation of the financial sector
Статья/пункты НПА, Статья КоАП:
1.
Статья: 31
Пункт: пп.2 п.7
- Of the Law of the Republic of Kazakhstan "On Insurance Activities"
Type of Enactments
1. Concerning regulation of financial sector
Name of Regional Branch of National Bank of Kazakhstan / Department:
Центральный аппарат
"Insurance Company "Salem", JSC (renamed from "Insurance Company "Alatau" JSC) - at the liquidation stage
Insurance organizations
17.07.2017
170000803000643
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
567250
The nature of a breach:
1. Administrative sanction was expressed in the failure to comply with the written prescription
Date of performance:
29.08.2017
Статья/пункты НПА, Статья КоАП:
Note:
Executed
Type of Enactments
1. Concerning regulation of financial sector
Name of Regional Branch of National Bank of Kazakhstan / Department:
Центральный аппарат
