"Life Insurance Company "Standard Life" JSC (renamed "Life Insurance Company "Grandes" JSC)
Insurance organizations
31.01.2019
33-4-07/473
Limited enforcement action
Written prescription
The nature of a breach:
1. For violation of the requirements of paragraph 12 of the Rules №198
Date of performance:
06.02.2019
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 «Kompetenz», JSC (renamed from "Insurance Company "Аllianz Кazakhstan", JSC)
Insurance organizations
31.01.2019
ПП НБРК №10
Sanctions and other administrative penalties
License withdrawal
The nature of a breach:
1. For repeated (twice within the last twelve months) suspension of the license
Статья/пункты НПА, Статья КоАП:
1.
Статья: 55
Пункт: пп.2 п.1
- The Law of the Republic of Kazakhstan "On Insurance Activities"
Note:
The insurance organization does not have the right to carry out insurance or other activities, also it is obliged to terminate all operations on existing bank accounts, except for operations, the list of which determined by the authorized body.
Type of Enactments
1. "About insurance" Law of the Republic of Kazakhstan
Name of Regional Branch of National Bank of Kazakhstan / Department:
Центральный аппарат
"Insurance Company "Коmmesk-Оmir", JSC
Insurance organizations
31.01.2019
190000803000056 - 190000803000059
Sanctions and other administrative penalties
Fine imposed under administrative law
Punishment awarded:
2 828 000 тенге
The nature of a breach:
1. The absence of notification of the authorized body for threshold transactions with securities
Статья/пункты НПА, Статья КоАП:
1.
Статья: 214
Пункт: 1
- Of Administrative Violations Code of the Republic of Kazakhstan
Note:
Penalty paid 19.02.2019y.
Type of Enactments
1. Concerning regulation of financial sector
Name of Regional Branch of National Bank of Kazakhstan / Department:
Центральный аппарат
"Insurance Company "Коmmesk-Оmir", JSC
Insurance organizations
13.02.2019
№33-10-02/744
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, paragraphs 2 аnd 5
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
Subsidiary Life Insurance Company of the Halyk Bank of Kazakhstan «Halyk -Life», JSC
Insurance organizations
20.02.2019
№33-4-07/862
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
Subsidiary Life Insurance Company of the Halyk Bank of Kazakhstan «Halyk -Life», JSC
Insurance organizations
20.02.2019
33-4-07/862
Limited enforcement action
Written prescription
The nature of a breach:
1. By results of inspection
Date of performance:
28.02.2019
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 "Centras Insurance", JSC
Insurance organizations
21.02.2019
№190000803000133
Sanctions and other administrative penalties
Warning
The nature of a breach:
1. The failure to file the financial statements and other types of reporting on time
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
"Insurance Company "Salem", JSC (renamed from "Insurance Company "Alatau" JSC) - at the liquidation stage
Insurance organizations
21.02.2019
ПП НБРК №29
Sanctions and other administrative penalties
License withdrawal
The nature of a breach:
1. For non-elimination of the circumstances that led to the suspension of the license and repeated (two or more times within twelve consecutive calendar months) non-compliance with the requirements of prudential standards and other mandatory standards and limits established by the legislation of the Republic of Kazakhstan.
Статья/пункты НПА, Статья КоАП:
1.
Статья: 55
Пункт: пп.1), 2-3) п.1
- The Law of the Republic of Kazakhstan "On Insurance Activities"
Note:
The insurance organization does not have the right to carry out insurance or other activities, also it is obliged to terminate all operations on existing bank accounts, except for operations, the list of which determined by the authorized body.
Type of Enactments
1. "About insurance" Law of the Republic of Kazakhstan
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
25.02.2019
№33-10-02/948
Limited enforcement action
Written warning
The nature of a breach:
1. Due to the violation of the requirements for the procedure and conditions of disclosure of the information about its activities
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
Insurance Company "Jýsan Garant" JSC (renamed from - Subsidiary "Tsesnabank" JSC Insurance Company "Tsesna Garant" JSC)
Insurance organizations
15.03.2019
33-1-05/1237
Limited enforcement action
Written prescription
The nature of a breach:
1. For violation of the requirements of the Law of the Republic of Kazakhstan "On compulsory insurance of civil liability of vehicle owners", Regulation No. 14
Date of performance:
26.03.2019
Статья/пункты НПА, Статья КоАП:
1.
Статья: 22
Пункт: 3
- Of the Law of the Republic of Kazakhstan "On compulsory insurance of civil liability of vehicle owners"
2. Статья: 17 Пункт: пп.6 п.2 - Of the Law of the Republic of Kazakhstan "On compulsory insurance of civil liability of vehicle owners"
3. Статья: 11 - Of Regulation No. 14
4. Статья: 3 - Of Annex 6 to Regulation No. 14
2. Статья: 17 Пункт: пп.6 п.2 - Of the Law of the Republic of Kazakhstan "On compulsory insurance of civil liability of vehicle owners"
3. Статья: 11 - Of Regulation No. 14
4. Статья: 3 - Of Annex 6 to Regulation No. 14
Type of Enactments
1. Concerning regulation of financial sector
Name of Regional Branch of National Bank of Kazakhstan / Department:
Центральный аппарат
