RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of November 29, 2018 No. 301

About introduction of amendments to the resolution of Board of National Bank of the Republic of Kazakhstan of June 29, 2018 No. 140 "About approval of Requirements to proper check of clients in case of remote establishment of business relations by subjects of financial monitoring"

For the purpose of implementation of the Law of the Republic of Kazakhstan of July 2, 2018 "About modification and amendments in some legal acts of the Republic of Kazakhstan concerning insurance and insurance activity, the security market" and enhancement of requirements to proper check of clients in case of remote establishment of business relations by subjects of financial monitoring the Board of National Bank of the Republic of Kazakhstan DECIDES:

1. Bring in the resolution of Board of National Bank of the Republic of Kazakhstan of June 29, 2018 No. 140 "About approval of Requirements to proper check of clients in case of remote establishment of business relations by subjects of financial monitoring" (it is registered in the Register of state registration of regulatory legal acts at No. 17250, it is published on August 10, 2018 in Reference control bank of regulatory legal acts of the Republic of Kazakhstan) the following changes:

in Requirements to proper check of clients in case of remote establishment of the business relations by subjects of financial monitoring approved by the specified resolution:

state Item 3 in the following edition:

"3. Subjects of financial monitoring establish business relations by remote method only with the clients conforming to the following requirements:

1) physical person or the legal entity to whom identification number is assigned (except as specified when identification number according to the legislation of the Republic of Kazakhstan is not assigned to physical person or the legal entity) or number under whom physical nonresident person of the Republic of Kazakhstan or legal nonresident person of the Republic of Kazakhstan is registered in foreign state;

2) the client (his representative) and the beneficial owner is not person included in the list of the organizations and faces tied with financing of terrorism and extremism;

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