of April 27, 2023 No. 14
About modification of the resolution of Board of National Bank of the Republic of Kazakhstan of November 12, 2019 No. 188 "About approval of Rules of forming of risk management system and internal control for banks of the second level, branches of nonresident banks of the Republic of Kazakhstan"
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 November 12, 2019 No. 188 "About approval of Rules of forming of risk management system and internal control for banks of the second level, branches of nonresident banks of the Republic of Kazakhstan" (the following change is registered in the Register of state registration of regulatory legal acts at No. 19632):
in Rules of forming of risk management system and internal control for banks of the second level, branches of the nonresident banks of the Republic of Kazakhstan approved by the specified resolution:
state Item 98 in the following edition:
"98. The bank provides availability of internal control system which corresponds to the current market situation, strategy, amount of assets, level of complexity of transactions of bank. Internal control – the process which is built in the daily activities performed by authorized collegiate organs of bank, structural divisions and all employees of bank in case of execution of the obligations and directed is accomplishment following more whole:
1) ensuring efficiency of activities of bank, including effective management of bank risks, assets and liabilities, ensuring safety of assets;
2) ensuring completeness, reliability and timeliness of financial, regulatory and other reporting for internal and external users, and also information security;
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