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RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of December 31, 2019 No. 261

About approval of Rules of implementation of trust management of the bank shares, the insurance (reinsurance) organization, the managing director of investment portfolio belonging to the large member of bank, insurance (reinsurance) organization, the managing director of investment portfolio, the bank holding, insurance holding or person having signs of the large member of bank, insurance (reinsurance) organization, the managing director of investment portfolio, bank holding, insurance holding, and also actions of authorized body for regulation, control and supervision of the financial market and the financial organizations or national managing holding during trust management

According to the Law of the Republic of Kazakhstan of July 3, 2019 "About modification and amendments in some legal acts of the Republic of Kazakhstan concerning regulation and development of the financial market, microfinancial activities and the taxation" the Board of National Bank of the Republic of Kazakhstan DECIDES: No. 262-VI

1. Approve enclosed the Rule of implementation of trust management of the bank shares, the insurance (reinsurance) organization, the managing director of investment portfolio belonging to the large member of bank, insurance (reinsurance) organization, the managing director of investment portfolio, the bank holding, insurance holding or person having signs of the large member of bank, insurance (reinsurance) organization, the managing director of investment portfolio, bank holding, insurance holding, and also action of authorized body for regulation, control and supervision of the financial market and the financial organizations or national managing holding during trust management.

2. Recognize invalid regulatory legal acts of the Republic of Kazakhstan, and also structural elements of some regulatory legal acts of the Republic of Kazakhstan according to the list according to appendix to this resolution.

3. To provide to development department of the non-bank organizations in the procedure established by the legislation of the Republic of Kazakhstan:

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