"Insurance Company "TransOil", JSC
Insurance organizations
14.06.2018
№2
Limited enforcement action
Written agreement
Punishment awarded:
2018-08-01
The nature of a breach:
1. For failure Plan ER
Date of performance:
01.08.2018
Статья/пункты НПА, Статья КоАП:
Note:
Not executed
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
15.06.2018
180000803000992
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
1202500
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:
10.08.2018
Статья/пункты НПА, Статья КоАП:
1.
Статья: 228
Пункт: 5
- Of Administrative Violations Code of the Republic of Kazakhstan
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
15.06.2018
180000803001022-180000803001024
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
360750
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:
10.08.2018
Статья/пункты НПА, Статья КоАП:
1.
Статья: 228
Пункт: 6
- Of Administrative Violations Code of the Republic of Kazakhstan
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
15.06.2018
180000803001008, 180000803001010-180000803001021
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
6253000
The nature of a breach:
1. administrative sanction was applied due to in the submission to the authorized body false statements
Date of performance:
10.08.2018
Статья/пункты НПА, Статья КоАП:
1.
Статья: 228
Пункт: 2
- Of Administrative Violations Code of the Republic of Kazakhstan
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
15.06.2018
180000803000993, 180000803000994, 180000803000997
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
1443000
The nature of a breach:
1. administrative sanction was applied due to in the submission to the authorized body false statements
Date of performance:
10.08.2018
Статья/пункты НПА, Статья КоАП:
1.
Статья: 228
Пункт: 2
- Of Administrative Violations Code of the Republic of Kazakhstan
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
15.06.2018
180000803000977, 180000803000979-180000803000987
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
1643321
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:
10.08.2018
Статья/пункты НПА, Статья КоАП:
1.
Статья: 228
Пункт: 6
- Of Administrative Violations Code of the Republic of Kazakhstan
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
15.06.2018
180000803001028
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
962000
The nature of a breach:
1. 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:
10.08.2018
Статья/пункты НПА, Статья КоАП:
1.
Статья: 228
Пункт: 12
- Of Administrative Violations Code of the Republic of Kazakhstan
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
15.06.2018
24-2-03/308
Limited enforcement action
Written prescription
The nature of a breach:
Статья/пункты НПА, Статья КоАП:
1.
- Requirement of rules № 47
Type of Enactments
1. On compliance with accounting and financial reporting standards
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
15.06.2018
180000803001028
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
962000
The nature of a breach:
1. 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:
10.08.2018
Статья/пункты НПА, Статья КоАП:
1.
Статья: 228
Пункт: 12
- Of Administrative Violations Code of the Republic of Kazakhstan
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
18.06.2018
180000803001106
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
962000
The nature of a breach:
1. Sanction was applied due to Inconsistency of internal control rules with requirements of legislation of the Republic of Kazakhstan concerning counteraction of legalization (laundering) of proceeds from illegal action and financing terrorism
Date of performance:
13.08.2018
Статья/пункты НПА, Статья КоАП:
1.
Статья: 214
Пункт: 2
- Of Administrative Violations Code of the Republic of Kazakhstan
Type of Enactments
1. Concerning regulation of financial sector
Name of Regional Branch of National Bank of Kazakhstan / Department:
Центральный аппарат
