"Insurance Company "Pana Insurance", JSC
Insurance organizations
04.11.2010
06-01-11/1138
Limited enforcement action
Written prescription
The nature of a breach:
1. breached the standards of diversification
Date of performance:
30.11.2010
Статья/пункты НПА, Статья КоАП:
Note:
Implemented
Type of Enactments
1. Concerning regulation of financial sector
Name of Regional Branch of National Bank of Kazakhstan / Department:
"Insurance Company "Centras Insurance", JSC
Insurance organizations
04.11.2010
06-01-11/1137
Limited enforcement action
Written prescription
The nature of a breach:
1. breached the standards of diversification
Date of performance:
30.11.2010
Статья/пункты НПА, Статья КоАП:
Note:
Implemented
Type of Enactments
1. Concerning regulation of financial sector
Name of Regional Branch of National Bank of Kazakhstan / Department:
"Subsidiary Company of the BTA Bank "BTA Insurance", JSC
Insurance organizations
05.11.2010
06-01-11/1145
Limited enforcement action
Written prescription
The nature of a breach:
1. Breach of prudential standards
Date of performance:
30.11.2010
Статья/пункты НПА, Статья КоАП:
Note:
Implemented
Type of Enactments
1. Concerning regulation of financial sector
Name of Regional Branch of National Bank of Kazakhstan / Department:
"Insurance Company "Alliance-Policy", JSC
Insurance organizations
11.11.2010
179
Sanctions and other administrative penalties
Not specified
Punishment awarded:
70650
The nature of a breach:
1. administrative sanction was applied due to the fact that the Company failed to meet the requirements related to the appointing of the Company’s leading employees
Date of performance:
11.11.2010
Статья/пункты НПА, Статья КоАП:
1.
Статья: 175-1
-
Type of Enactments
1. Concerning regulation of financial sector
Name of Regional Branch of National Bank of Kazakhstan / Department:
"CNIC"Interteach", JSC
Insurance organizations
18.11.2010
10-01-11/6447
Limited enforcement action
Written prescription
The nature of a breach:
1. Breached the requirement of Kazakhstan Republic law
Date of performance:
20.12.2010
Статья/пункты НПА, Статья КоАП:
Note:
Implemented
Type of Enactments
1. Concerning regulation of financial sector
Name of Regional Branch of National Bank of Kazakhstan / Department:
"CNIC"Interteach", JSC
Insurance organizations
18.11.2010
08-01-07/5124
Limited enforcement action
Commitment letter
The nature of a breach:
1. The company is in breach of requirements as specified in Article 22, paragraph 3 of article 25, and paragraph 1 of article 26 of the Law of the Republic of Kazakhstan "Concerning the compulsory insurance of the liability of vehicle owners" (in the edition being valid before the amendments of Dec 30, 2009), i.e., the failure to pay insurance benefits or past due benefits.
Date of performance:
30.11.2010
Статья/пункты НПА, Статья КоАП:
Note:
Implemented
Type of Enactments
1. Concerning regulation of financial sector
Name of Regional Branch of National Bank of Kazakhstan / Department:
"Insurance Company "SAYA", JSC
Insurance organizations
19.11.2010
06-01-11/1209
Limited enforcement action
Written prescription
The nature of a breach:
1. Infringement of requirements of Law RK «About obligatory insurance of civil-law responsibility of owners of vehicles», regarding granting of unreasonable discounts at calculation of insurance premiums
Date of performance:
03.12.2010
Статья/пункты НПА, Статья КоАП:
Note:
Implemented
Type of Enactments
1. Concerning regulation of financial sector
Name of Regional Branch of National Bank of Kazakhstan / Department:
"Life Insurance Company "Standard Life" JSC (renamed "Life Insurance Company "Grandes" JSC)
Insurance organizations
22.11.2010
06-01-11/1218
Limited enforcement action
Commitment letter
The nature of a breach:
1. Failure to comply with prudential standards
Date of performance:
06.12.2010
Статья/пункты НПА, Статья КоАП:
Note:
Implemented
Type of Enactments
1. Concerning regulation of financial sector
Name of Regional Branch of National Bank of Kazakhstan / Department:
"Insurance Company "EcoPolicy", JSC
Insurance organizations
23.11.2010
08-02-03/5202
Limited enforcement action
Written prescription
The nature of a breach:
1. Breached the requirement of Kazakhstan Republic law
Date of performance:
06.12.2010
Статья/пункты НПА, Статья КоАП:
Note:
Implemented
Type of Enactments
1. Concerning regulation of financial sector
Name of Regional Branch of National Bank of Kazakhstan / Department:
Life Insurance Company «Kazkommerts -Life» (Subsidiary Organization of the « Kazkommertsbank » JSC), JSC
Insurance organizations
25.11.2010
183
Sanctions and other administrative penalties
Not specified
Punishment awarded:
161100
The nature of a breach:
1. administrative sanction was applied due to the fact that an Insurance Company failed to keep its books in accordance with established accounting standards and procedures
Date of performance:
25.11.2010
Статья/пункты НПА, Статья КоАП:
1.
Статья: 173
Пункт: 10
-
Type of Enactments
1. Concerning regulation of financial sector
Name of Regional Branch of National Bank of Kazakhstan / Department:
