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

of February 15, 2021 No. 30

About approval of Rules of calculation of negative difference between the nominal profitability of pension assets received by managing investment portfolio, and the minimum value of profitability of pension assets, and also Rules and terms of compensation of negative difference managing investment portfolio at the expense of equity

According to the subitem 7) article 8 of the Law of the Republic of Kazakhstan of June 21, 2013 "About provision of pensions in the Republic of Kazakhstan" Board of the Agency of the Republic of Kazakhstan on regulation and development of the DECIDES: financial market

1. Approve:

1) Rules of calculation of negative difference between the nominal profitability of pension assets received by managing investment portfolio, and the minimum value of profitability of pension assets according to appendix 1 to this resolution;

2) Rules and terms of compensation of negative difference managing investment portfolio at the expense of equity according to appendix 2 to this resolution.

2. To provide to department of methodology and prudential regulation of the financial organizations in the procedure established by the legislation of the Republic of Kazakhstan:

1) together with Legal department 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 the Agency of the Republic of Kazakhstan on regulation and development of the financial market after its official publication;

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