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THE RESOLUTION OF BOARD OF THE AGENCY OF THE REPUBLIC OF KAZAKHSTAN ON REGULATION AND DEVELOPMENT OF THE FINANCIAL MARKET

of May 25, 2020 No. 57

About approval of Rules of appointment and release of liquidation commissions of compulsorily liquidated banks, the insurance (reinsurance) organizations which are compulsorily stopping activities of branches of nonresident banks of the Republic of Kazakhstan and Requirements imposed to the chairman and members of liquidation commission compulsorily liquidated the bank, the insurance (reinsurance) organization which is compulsorily stopping activities of branch of nonresident bank of the Republic of Kazakhstan

(as amended on 16-02-2024)

In compliance with the laws of the Republic of Kazakhstan "About banks and banking activity in the Republic of Kazakhstan", "About insurance activity" Board of the Agency of the Republic of Kazakhstan on regulation and development of the DECIDES: financial market

1. Approve:

1) Rules of appointment and release of liquidation commissions of compulsorily liquidated banks, the insurance (reinsurance) organizations which are compulsorily stopping activities of branches of nonresident banks of the Republic of Kazakhstan according to appendix 1 to this resolution;

2) Requirements imposed to the chairman and members of liquidation commission compulsorily liquidated the bank, the insurance (reinsurance) organization which is compulsorily stopping activities of branch of nonresident bank of the Republic of Kazakhstan according to appendix 2 to this resolution.

2. Recognize to invalid:

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