"Insurance Company "Freedom Finance Insurance", JSC (renamed from "Insurance Company "Trust Insurance", JSC)
Insurance organizations
17.08.2017
4
Limited enforcement action
Written agreement
The nature of a breach:
1. For untimely execution of the plan of measures
Date of performance:
29.12.2017
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
«STANDARD» Insurance Company», JSC (renamed from - "Insurance Company "Astana - Finance" JSC)
Insurance organizations
21.08.2017
170000803000753-170000803000754
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
907600
The nature of a breach:
1. administrative sanction was applied due to in the submission to the authorized body false statements
Date of performance:
29.09.2017
Статья/пункты НПА, Статья КоАП:
1.
Статья: 228
Пункт: 2
- 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
«STANDARD» Insurance Company», JSC (renamed from - "Insurance Company "Astana - Finance" JSC)
Insurance organizations
21.08.2017
170000803000751-170000803000752
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
2722800
The nature of a breach:
1. Аdministrative sanction was applied due to in the re-compiling during the year preparation statements that led to the distortion it contains indicators or information on compliance with prudential standards and (or) other mandatory standards and limits
Date of performance:
29.09.2017
Статья/пункты НПА, Статья КоАП:
1.
Статья: 228
Пункт: 13
- 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
«STANDARD» Insurance Company», JSC (renamed from - "Insurance Company "Astana - Finance" JSC)
Insurance organizations
21.08.2017
170000803000749 -170000803000750
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
1815200
The nature of a breach:
1. Аdministrative sanction was applied due to the reporting that led to the distortion of the contained information on compliance of prudential standards.
Date of performance:
29.09.2017
Статья/пункты НПА, Статья КоАП:
1.
Статья: 228
Пункт: 12
- 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
«STANDARD» Insurance Company», JSC (renamed from - "Insurance Company "Astana - Finance" JSC)
Insurance organizations
21.08.2017
170000803000748
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
1134500
The nature of a breach:
1. Аdministrative 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
Date of performance:
29.09.2017
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
24.08.2017
5
Limited enforcement action
Written agreement
The nature of a breach:
1. For violation of requirements of the legislation of the Republic of Kazakhstan, for repeated violation of capital adequacy margin of solvency, for failure of the plan of measures on elimination of the factors influencing deterioration of the financial situation of insurance companies
Date of performance:
31.12.2018
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
"Life Insurance Company "Standard Life" JSC (renamed "Life Insurance Company "Grandes" JSC)
Insurance organizations
28.08.2017
170000803000758
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
907 600 тенге
The nature of a breach:
1. Administrative sanction was applied due to in the submission to the authorized body false statements
Date of performance:
09.10.2017
Статья/пункты НПА, Статья КоАП:
1.
Статья: 228
Пункт: 12
- 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 "Kazakhmys", JSC
Insurance organizations
29.08.2017
33-6-06/809
Limited enforcement action
Written warning
The nature of a breach:
1. For the infringement of requirements of the second part of article 31 of the Law of the Republic Kazakhstan «On insurance activity»
Статья/пункты НПА, Статья КоАП:
1.
Статья: 31
Пункт: 2
- 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
04.09.2017
318
Sanctions and other administrative penalties
Ban from discharge of duties
The nature of a breach:
1. In connection with the revealed violations in activities of JSC «IC «Salem» the Chief accountant of JSC «IC «Salem» Tkacheva Natalya Ivanovna is discharged from performance of official duties and the consent to his appointment (election) to the executive's position is withdrawn.
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
05.09.2017
33-1-07/878
Limited enforcement action
Written warning
The nature of a breach:
1. For violation of the requirements of paragraph 34 of the Resolution of Board of National Bank of the Republic of Kazakhstan №304 of December 26, 2016
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
