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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 April 6, 2022 No. 28

About introduction of amendments to the resolution of Board of National Bank of the Republic of Kazakhstan of September 13, 2017 No. 170 "About establishment of normative values and techniques of calculations of prudential standard rates and other regulations and limits, obligatory to observance, the size of the capital of bank and Rules of calculation and limits of open foreign exchange position"

Board of the Agency of the Republic of Kazakhstan on regulation and development of the DECIDES: financial market

1. Bring in the resolution of Board of National Bank of the Republic of Kazakhstan of September 13, 2017 No. 170 "About establishment of normative values and techniques of calculations of prudential standard rates and other regulations and limits, obligatory to observance, the size of the capital of bank and Rules of calculation and limits of open foreign exchange position" (it is registered in the Register of state registration of regulatory legal acts at No. 15886) the following changes:

in Normative values and techniques of calculations of the prudential standard rates and other regulations and limits, obligatory to observance, the size of the capital of bank approved by the specified resolution:

state Item 71 in the following edition:

"71. Standard rates of liquidity, irrespective of calculated values of the liquidity rates determined on average monthly basis are considered outstanding in the presence at bank during the accounting period of overdue obligations to creditors and investors.

Standard rates of liquidity are not considered broken during the period from February 21, 2022 to May 31, 2022 inclusive in case of decrease in values of one or several liquidity rates below the established minimum values on the circumstances, independent of bank, connected with:

in cash outflow of clients;

revaluation of asset cost and obligations in connection with change of the stock exchange rate of tenge to foreign currencies;

change of currency structure of obligations of bank.

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