«KazakhExport» Export insurance company, JSC
Insurance organizations
10.12.2018
33-6-07/7875
Limited enforcement action
Written warning
The nature of a breach:
1. paragraph 3 of the Rules for issuing consent to the appointment (election) of executives of financial organizations, banking, insurance holdings, the joint-stock company "Insurance Guarantee Fund" аnd a list of documents required for obtaining consent
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 State Annuity Company", JSC
Insurance organizations
12.12.2018
180000803001378, 180000803001379, 180000803001380, 180000803001381, 180000803001382, 180000803001383, 180000803001384, 180000803001385, 180000803001386
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
6060600
The nature of a breach:
1. Аdministrative sanction was applied due to violation of the legislation of the Republic of Kazakhstan on counteraction to legalization (laundering) of proceeds from crime and financing of terrorism in terms of suspension and failure to conduct transactions subject to financial monitoring, and providing information on transactions subject to financial monitoring
Date of performance:
29.01.2019
Статья/пункты НПА, Статья КоАП:
1.
Статья: 214
Пункт: 1
- Of Administrative Violations Code of the Republic of Kazakhstan
Note:
payed
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
24.12.2018
№33-2-05/8116
Limited enforcement action
Written prescription
The nature of a breach:
1. For incorrect calculation of the share of the reinsurer in insurance reserves
Date of performance:
23.01.2019
Статья/пункты НПА, Статья КоАП:
1.
- Resolution of the Board NBRK №76 dated May 06, 2014
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
26.12.2018
534
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 «Insurance Company «Kazakhmys» the Deputy Chairman of the Board on financial and economic issues of JSC «Insurance Company «Kazakhmys» Aigul Kasenova is discharged of 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
"Life Insurance Company "Freedom Finance Life", JSC (renamed from "Life Insurance Company "Азия Life", JSC)
Insurance organizations
27.12.2018
33-4-05/8216
Limited enforcement action
Written prescription
The nature of a breach:
1. For violation of the requirements of section 48 of the Insurance Law
Date of performance:
08.01.2019
Статья/пункты НПА, Статья КоАП:
1.
- For violation of legal requirements 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 "TransOil", JSC
Insurance organizations
29.12.2018
56-9-18/2697
Limited enforcement action
Written prescription
The nature of a breach:
1. failure to provide within five working days a written response to the applicant's pre-trial claim
Date of performance:
31.01.2019
Статья/пункты НПА, Статья КоАП:
1.
Статья: 29-1
Пункт: 2
- The Law of the Republic of Kazakhstan “On Compulsory Insurance of Civil Liability of Vehicle Owners”
Type of Enactments
1. "About insurance" Law of the Republic of Kazakhstan
Name of Regional Branch of National Bank of Kazakhstan / Department:
Жамбылский филиал (Тараз)
"Insurance Company "Freedom Finance Insurance", JSC (renamed from "Insurance Company "Trust Insurance", JSC)
Insurance organizations
29.12.2018
№33-10-02/8273
Limited enforcement action
Written warning
The nature of a breach:
1. Due to violation of the order on disclosure in accordance with the Law of the Republic of Kazakhstan "On Securities Market", article 102, paragraph 4
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 "Nomad Life", JSC (renamed from "Astana-Finance" Life Insurance Company", JSC)
Insurance organizations
18.01.2019
190000803000001
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
2495317
The nature of a breach:
1. Аdministrative sanction was applied due to conclusion of an obligatory insurance contract by an insurance (reinsurance) company on conditions that do not comply with the requirements of the legislation of the Republic of Kazakhstan, expressed in setting the size of insurance premiums other than those specified by the laws of the Republic of Kazakhstan on compulsory types of insurance, as well as incorrect (unreasonable) application of coefficients in calculating insurance premiums
Date of performance:
18.03.2019
Статья/пункты НПА, Статья КоАП:
1.
Статья: 230
Пункт: 5
-
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
21.01.2019
№190000803000066
Sanctions and other administrative penalties
Warning
The nature of a breach:
1. untimely reporting
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
«KazakhExport» Export insurance company, JSC
Insurance organizations
21.01.2019
№190000803000069
Sanctions and other administrative penalties
Warning
The nature of a breach:
1. untimely reporting
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
