"Insurance Company "Centras Insurance", JSC
Insurance organizations
28.09.2017
170000803000835, 170000803000840
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
453800
The nature of a breach:
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
Date of performance:
03.11.2017
Статья/пункты НПА, Статья КоАП:
1.
Статья: 239
Пункт: 4
- 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 "Centras Insurance", JSC
Insurance organizations
28.09.2017
170000803000822-170000803000826, 170000803000831-170000803000833
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
907600
The nature of a breach:
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.
Date of performance:
03.11.2017
Статья/пункты НПА, Статья КоАП:
1.
Статья: 228
Пункт: 6
- 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 "Centras Insurance", JSC
Insurance organizations
28.09.2017
170000803000810-170000803000821, 170000803000827-170000803000830
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
7260800
The nature of a breach:
1. The administrative offense was expressed in the conclusion of the contract of obligatory insurance on the conditions which are not conforming to requirements of the legislation of the Republic of Kazakhstan
Date of performance:
03.11.2017
Статья/пункты НПА, Статья КоАП:
1.
Статья: 230
Пункт: 4
-
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 "TransOil", JSC
Insurance organizations
02.10.2017
33-3-22/1416
Limited enforcement action
Written agreement
The nature of a breach:
1. For the failure to comply with the plan of measures on elimination of the factor influencing deterioration of the financial situation of insurance companies
Date of performance:
01.04.2018
Статья/пункты НПА, Статья КоАП:
Note:
not perfomed
Type of Enactments
1. Concerning regulation of financial sector
Name of Regional Branch of National Bank of Kazakhstan / Department:
Центральный аппарат
"Life Insurance Company "Freedom Finance Life", JSC (renamed from "Life Insurance Company "Азия Life", JSC)
Insurance organizations
03.10.2017
7
Limited enforcement action
Written agreement
The nature of a breach:
1. For the failure to eliminate the factor influencing the deterioration of the financial situation of an insurance organization
Date of performance:
31.12.2017
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
Insurance Company "Jýsan Garant" JSC (renamed from - Subsidiary "Tsesnabank" JSC Insurance Company "Tsesna Garant" JSC)
Insurance organizations
06.10.2017
30-1-07/4572
Limited enforcement action
Written prescription
The nature of a breach:
1. for the failure of the insurance payments
Date of performance:
16.10.2017
Статья/пункты НПА, Статья КоАП:
Note:
executed by letter №12/2013 from 16.10.2017y.
Type of Enactments
1. Concerning observance of financial consumer's rights
Name of Regional Branch of National Bank of Kazakhstan / Department:
Центральный аппарат
«Subsidiary Organization of the Nurbank JSC «Nurpolicy" Insurance Company», JSC
Insurance organizations
11.10.2017
170000803000914
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
907600
The nature of a breach:
1. Аdministrative sanction was applied due to preparation statements that led to the distortion it contains indicators or information on compliance with prudential standards and (or) other mandatory standards and limit
Date of performance:
17.11.2017
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
«Subsidiary Organization of the Nurbank JSC «Nurpolicy" Insurance Company», JSC
Insurance organizations
11.10.2017
170000803000913
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
453800
The nature of a breach:
1. administrative sanction was applied due to in the submission to the authorized body false statements
Date of performance:
17.11.2017
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
"Insurance Company "Salem", JSC (renamed from "Insurance Company "Alatau" JSC) - at the liquidation stage
Insurance organizations
17.10.2017
33-6-06/1731
Limited enforcement action
Written warning
The nature of a breach:
1. For violation of the legislation ( р. 3 Rules for issuing consent for the appointment (election) of managers of financial organizations, banking, insurance holdings, the joint-stock company "Insurance Guarantee Fund" and the list of documents required for obtaining consent, approved by the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated December 26, No. 305)
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
"Oil Insurance Company", JSC
Insurance organizations
26.10.2017
33-6-06/1970
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:
Type of Enactments
1. Concerning regulation of financial sector
Name of Regional Branch of National Bank of Kazakhstan / Department:
Центральный аппарат
