RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of September 17, 2022 No. 81

About modification and amendments in some resolutions of Board of National Bank of the Republic of Kazakhstan concerning conducting financial accounting

The board of National Bank of the Republic of Kazakhstan DECIDES:

1. Approve the List of some resolutions of Board of National Bank of the Republic of Kazakhstan to which changes and additions concerning conducting financial accounting, according to appendix to this resolution are made.

2. To accounting department (Tayshibayeva D. A.) in the procedure established by the legislation of the Republic of Kazakhstan to provide:

1) together with Legal department (Kasenov A. S.) state registration of this resolution in the Ministry of Justice of the Republic of Kazakhstan;

2) placement of this resolution on official Internet resource of National Bank of the Republic of Kazakhstan after its official publication;

3) within ten working days after state registration of this resolution submission to Legal department of data on execution of the action provided by the subitem 2) of this Item.

3. To impose control of execution of this resolution on the vice-chairman of National Bank of the Republic of Kazakhstan Sholpakulov B. Sh.

4. This resolution becomes effective since January 1, 2023 and is subject to official publication.

Appendix

to the Resolution the Chairman of National Bank of Kazakhstan of September 17, 2022 No. 81

The list of some resolutions of Board of National Bank of the Republic of Kazakhstan to which changes and additions concerning conducting financial accounting are made

1. Bring in the resolution of Board of National Bank of the Republic of Kazakhstan of September 22, 2008 No. 79 "About approval of the Standard chart of accounts of financial accounting for certain subjects of the financial market of the Republic of Kazakhstan" (it is registered in the Register of state registration of regulatory legal acts at No. 5348) the following changes and amendments:

state preamble in the following edition:

"According to the subitem 63) of part two of article 15 of the Law of the Republic of Kazakhstan "About National Bank of the Republic of Kazakhstan", subitems 1) and 3-4) Items 6 of article 20 of the Law of the Republic of Kazakhstan "About financial accounting and the financial reporting" the Board of National Bank of the Republic of Kazakhstan DECIDES:";

in the Standard chart of accounts of financial accounting for certain subjects of the financial market of the Republic of Kazakhstan approved by the specified resolution:

in Chapter 1:

state Items 1 and 2 in the following edition:

"1. This Standard chart of accounts of financial accounting (further – the Chart of accounts) is developed for certain subjects of the financial market of the Republic of Kazakhstan according to the subitem 63) of part two of article 15 of the Law of the Republic of Kazakhstan "About National Bank of the Republic of Kazakhstan", subitems 1) and 3-4) Items 6 of article 20 of the Law of the Republic of Kazakhstan "About financial accounting and the financial reporting" and intended for group and the current reflection of financial statement elements in value term by the single accumulation pension fund, the Voluntary accumulation pension funds (further – the accumulation pension funds), the organizations performing separate types of banking activities (except for the mortgage organizations and legal entities which were earlier subsidiary banks), professional participants of the security market of the Republic of Kazakhstan, the organizations performing microfinancial activities insurance brokers on accounts of financial accounting for creation of the financial reporting, and also for group and the current reflection of elements of the reporting under accounting data in value term of insurance brokers by branches - nonresidents of the Republic of Kazakhstan (further – the organizations) on accounts of financial accounting for creation of the reporting under accounting data.

2. In the Chart of accounts the concepts provided by the Law of the Republic of Kazakhstan "About financial accounting and the financial reporting" and international accounting standards are used.";

in Chapter 2:

in paragraph 8:

8300 to state the name of account group in the following edition:

"8300

Accounts of requirements for financial assets and derivative financial instruments";

8600 to state the name of account group in the following edition:

"8600

Accounts of obligations on financial liabilities and derivative financial instruments";

after account 8600 12 to add with account 8600 13 following contents:

"8600 13

Contingent obligations on purchase of financial assets";

in Chapter 3:

in paragraph 2:

after the description of account 8600 12 to add with number, the name and the description of account 8600 13 following contents:

"8600 13" contingent obligations on purchase of financial assets" (passive).

Appointment: accounting of the amounts of contingent obligations of the organization for purchase of financial assets in the future.

On the credit of the account the amount of contingent obligations of the organization for purchase of financial assets in the future is carried out.

On the debit of the account write-off of the amounts of contingent obligations of the organization in case of receipt of financial assets is carried out.".

2. Bring in the resolution of Board of National Bank of the Republic of Kazakhstan of January 31, 2011 No. 3 "About approval of the Standard chart of accounts of financial accounting in banks of the second level, the mortgage organizations, "Development Bank of Kazakhstan and Branches of Banks — Nonresidents of the Republic of Kazakhstan" joint-stock company (it is registered in the Register of state registration of regulatory legal acts at No. 6793) the following changes and amendments:

state heading in the following edition, the text in state language does not change:

"About approval of the Standard chart of accounts of financial accounting in banks of the second level, the mortgage organizations, Development Bank of Kazakhstan joint-stock company and branches of banks - nonresidents of the Republic of Kazakhstan";

state preamble in the following edition:

"According to the subitem 63) of part two of article 15 of the Law of the Republic of Kazakhstan "About National Bank of the Republic of Kazakhstan", subitems 1), "About financial accounting and the financial reporting" the Board of National Bank of the Republic of Kazakhstan DECIDES: 3-2) and 3-4) Items 6 of article 20 of the Law of the Republic of Kazakhstan";

in the Standard chart of accounts of financial accounting in banks of the second level, the mortgage organizations, Development Bank of Kazakhstan joint-stock company and branches of banks - nonresidents of the Republic of Kazakhstan, approved by the specified resolution:

in Chapter 1:

state Items 1 and 2 in the following edition:

"1. This Standard chart of accounts of financial accounting in banks of the second level, the mortgage organizations, Development Bank of Kazakhstan joint-stock company and branches of banks - nonresidents of the Republic of Kazakhstan (further – the Chart of accounts) is developed according to the subitem 63) of part two of article 15 of the Law of the Republic of Kazakhstan "About National Bank of the Republic of Kazakhstan", subitems 1), 3-2), 3-4) Items 6 of article 20 of the Law of the Republic of Kazakhstan "About financial accounting and the financial reporting" and is intended for group and the current reflection of financial statement elements in value term of the second level by banks, mortgage organizations, Development Bank of Kazakhstan joint-stock company, legal entities which were earlier subsidiary banks and intended for group and the current reflection of elements of the reporting under accounting data by branches of banks - nonresidents of the Republic of Kazakhstan.

2. In the Chart of accounts the concepts provided by the Law of the Republic of Kazakhstan "About financial accounting and the financial reporting" and international accounting standards are used.";

in Item 7 1460 to state the name of account group in the following edition:

"1460

Transactions of "repo" with valuable papers";

in Item 8 2030 to state the name of account group in the following edition:

"2030

The loans obtained from the Government of the Republic of Kazakhstan, local executive bodies of the Republic of Kazakhstan, national managing holding and special fund of development of private entrepreneurship";

in Item 10:

4300 to state the name of account group in the following edition:

"4300

Income on loan transactions with other banks, the Government of the Republic of Kazakhstan, local executive bodies of the Republic of Kazakhstan, national managing directors of holding, special fund of development of private entrepreneurship, international financial institutions";

4400 to state the name of account group in the following edition:

"4400

Income on transactions with clients";

4465 to state the name of account group in the following edition:

"4465

Income on transactions of "repo" with securities";

in Item 11:

5030 to state the name of account group in the following edition:

"5030

The expenses connected with payment of remuneration for loans and (or) value adjustment of the loans obtained from the Government of the Republic of Kazakhstan, local executive bodies of the Republic of Kazakhstan, national managing holding and special fund of development of private entrepreneurship";

5040 to state the name of account group in the following edition:

"5040

Expenses on the loans obtained from international financial institutions";

5050 to state the name of account group in the following edition:

"5050

The expenses connected with payment of remuneration for the loans obtained from banks";

5060 to state the name of account group in the following edition:

"5060

The expenses connected with payment of remuneration for the loans obtained from the organizations performing separate types of banking activities and (or) connected with value adjustment of the loans obtained from other banks or provided to other banks";

5200 to state the name of account group in the following edition:

"5200

Expenses on transactions with clients";

5250 to state the name of account group in the following edition:

"5250

Expenses on transactions of "repo" with securities";

5450 to state the name of account group in the following edition:

"5450

Expenses on forming of reserves (provisions)";

in Chapter 2:

in paragraph 1:

state account names 1430 and 1431 in the following edition:

"1430	The account of positive fair value adjustment of the loan granted clients
1431	The account of negative fair value adjustment of the loan granted clients";

state the account name 1748 in the following edition:

"1748

Imputed incomes on transactions of "repo" with securities";

in paragraph 2:

2030 and account names 2031, of 2032, of 2034, of 2035, of 2036, 2037 and 2038 to state the name of account group in the following edition:

"2030	The loans obtained from the Government of the Republic of Kazakhstan, local executive bodies of the Republic of Kazakhstan, national managing holding and special fund of development of private entrepreneurship
2031	Award on the loans obtained from the Government of the Republic of Kazakhstan, local executive bodies of the Republic of Kazakhstan, national managing holding and special fund of development of private entrepreneurship
2032	Discount on the loans obtained from the Government of the Republic of Kazakhstan, local executive bodies of the Republic of Kazakhstan, national managing holding and special fund of development of private entrepreneurship
2034	The short-term loans obtained from the Government of the Republic of Kazakhstan, local executive bodies of the Republic of Kazakhstan, national managing holding and special fund of development of private entrepreneurship
2035	The account of positive value adjustment of the loan obtained from the Government of the Republic of Kazakhstan, local executive bodies of the Republic of Kazakhstan, national managing holding and special fund of development of private entrepreneurship
2036	The long-term loans obtained from the Government of the Republic of Kazakhstan, local executive bodies of the Republic of Kazakhstan, national managing holding and special fund of development of private entrepreneurship
2037	The account of negative value adjustment of the loan obtained from the Government of the Republic of Kazakhstan, local executive bodies of the Republic of Kazakhstan, national managing holding and special fund of development of private entrepreneurship
2038	Overdue debt on the loans obtained from the Government of the Republic of Kazakhstan, local executive bodies of the Republic of Kazakhstan, national managing holding and special fund of development of private entrepreneurship";

state the account name 2131 in the following edition:

"2131

The account of storage of the money accepted as providing (pledge, deposit) obligations of other banks and the financial organizations";

state account names 2139 and 2140 in the following edition:

"2139	Award on the deposits attracted from the National Bank of the Republic of Kazakhstan, foreign Central Banks, other banks and the organizations performing separate types of banking activities
2140	Discount on the deposits attracted from the National Bank of the Republic of Kazakhstan, foreign Central Banks, other banks and the organizations performing separate types of banking activities";

after account 2143 to add with accounts 2144, of 2145, 2146 and 2147 following contents:

"2144	Term deposits of the organizations performing separate types of banking activities
2145	The account of positive value adjustment of the contribution attracted from the organizations performing separate types of banking activities
2146	The account of negative value adjustment of the contribution attracted from the organizations performing separate types of banking activities
2147	Overdue debt according to term deposits of the organizations performing separate types of banking activities";

state the account name 2213 in the following edition:

"2213

The short-term contribution which is providing obligations of physical persons";

after account 2240 to add with the account of 2241 following contents:

"2241

The long-term contribution which is providing obligations of physical persons";

after account 2255 to add with accounts 2256 and 2257 of the following content:

"2256	The obligation in the form of the reward earned on the securities accepted on transactions "the return by repo"
2257	The obligation on return of the securities accepted on transactions "the return by repo"";

after account 2727 to add with the account 2728 following contents:

"2728

Accrued expenses according to term deposits of the organizations performing separate types of banking activities";

in paragraph 4:

after account 4267 to add with the account 4268 following contents:

"4268

Income in type of negative value adjustment of the term deposit attracted from the organizations performing separate types of banking activities";

state the account name 4270 in the following edition:

"4270

Income on depreciation of award on the deposits attracted from the National Bank of the Republic of Kazakhstan, foreign Central Banks, other banks and the organizations performing separate types of banking activities";

4300 to state the name of account group in the following edition:

"4300

Income on loan transactions with other banks, the Government of the Republic of Kazakhstan, local executive bodies of the Republic of Kazakhstan, national managing directors of holding, special fund of development of private entrepreneurship, international financial institutions";

4312, 4313 and 4314 to state the account name in the following edition:

"4312	Income in type of adjustment of the interest incomes recognized by effective interest rate method on the loans granted other banks
4313	Income in type of adjustment of gross carrying amount in connection with modification of the loans granted other banks
4314	Income in type of adjustment of book value of the loans obtained from other banks, the organizations performing separate types of banking activities in connection with their modification and (or) in the form of adjustment at the non-market rate of percent";

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