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

of December 23, 2025 No. 82

About modification and amendments in some regulatory legal acts of the Republic of Kazakhstan concerning enhancement of insurance activity

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

1. Approve the List of regulatory legal acts of the Republic of Kazakhstan concerning enhancement of insurance activity to which changes and additions are made (further – the List), according to appendix to this resolution.

2. To provide to department of the insurance market and actuarial calculations 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;

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 supervising vice-chairman of the Agency of the Republic of Kazakhstan on regulation and development of the financial market.

4. This resolution becomes effective after ten calendar days after day of its first official publication, except for Item 6 of the List which becomes effective since February 1, 2026.

Appendix

to the Resolution of Board of the Agency of the Republic of Kazakhstan on regulation and development of the financial market of December 23, 2025 No. 82

The list of regulatory legal acts of the Republic of Kazakhstan concerning enhancement of insurance activity to which changes and additions are made

1. Bring in the resolution of Board of National Bank of the Republic of Kazakhstan of September 24, 2003 No. 345 "About approval of the Standard agreement of participation in Fonda of guaranteeing insurance payments" (it is registered in the Register of state registration of regulatory legal acts at No. 2548) the following changes:

in the Standard agreement of participation in the Fund of guaranteeing insurance payments approved by the specified resolution:

state preamble in the following edition:

""Fund of guaranteeing insurance payments" joint-stock company (further - Fund) on behalf of the Chairman ________________, acting on the basis of the Charter, and the Insurance company, Branch of the insurance nonresident organization of the Republic of Kazakhstan (further - insurance company - the participant) ________________ on behalf of the Chairman (the head of the Branch of the insurance nonresident organization of the Republic of Kazakhstan (further – the head of Branch) which is acting on the basis of the Charter (Provision about Branch of the insurance nonresident organization of the Republic of Kazakhstan), the hereinafter referred to as Parties, signed the agreement as follows:

The concepts used in this agreement have the interpretation determined by the Law of the Republic of Kazakhstan "About Fund of guaranteeing insurance payments" (further – the Law).

The provision of this agreement determining procedure for participation in Fonda of guaranteeing insurance payments extend to branches of the insurance nonresident organizations of the Republic of Kazakhstan performing insurance activity in the territory of the Republic of Kazakhstan on the guaranteed types of insurance taking into account the features provided by the Law of the Republic of Kazakhstan "About insurance activity".";

state Item 3 in the following edition:

"3. Calculation of the amount of compulsory contribution insurance company - the participant is made independently according to the resolution of Board of National Bank of the Republic of Kazakhstan of December 24, 2012 No. 387 "About approval of the Method of calculation of rate of compulsory, additional contributions and contingent obligations, procedure and payment due dates of compulsory, initial onetime, additional and extraordinary contributions, procedure for forming and accounting of contingent obligations by insurance companies, branches of the insurance nonresident organizations of the Republic of Kazakhstan - members of Fund of guaranteeing insurance payments" (it is registered in the Register of state registration of regulatory legal acts at No. 8329) (further – the Resolution No. 387).";

state Item 4-4 in the following edition:

"4-4. Insurance company - the participant, having the license for implementation of compulsory insurance of civil responsibility of owners of vehicles, pays the initial onetime fee in the amount of, No. 184 established by the resolution of Board of the Agency of the Republic of Kazakhstan on regulation and supervision of the financial market and the financial organizations of June 25, 2007 "About establishment of the size of the initial onetime fee for payment by the insurance participating organizations of Fund of guaranteeing insurance payments" (it is registered in the Register of state registration of regulatory legal acts at No. 4855).".

2. Bring in the resolution of Board of the Agency of the Republic of Kazakhstan on regulation and supervision of the financial market and the financial organizations of June 25, 2007 No. 177 "About approval of Requirements to organization activity on forming and maintaining the database" (it is registered in the Register of state registration of regulatory legal acts at No. 4860) the following changes and amendments:

state preamble in the following edition:

"For the purpose of implementation of the Law of the Republic of Kazakhstan "About insurance activity" the Board of the Agency of the Republic of Kazakhstan on regulation and supervision of the financial market and the financial organizations (further - the Agency) DECIDES:";

in the Requirements to organization activity on forming and maintaining the database approved by the specified resolution:

state Item 1 in the following edition:

"1. In Requirements the basic concepts established by the Law on insurance activity, the Law of the Republic of Kazakhstan "About the electronic document and the digital signature" and also the following concepts are used:

1) the administrator of safety of information systems (further – the administrator) – the employee of the Organization and the user of the database providing functioning of system of electronic obtaining and (or) data transmission, implementation of measures for their protection, performing generation of the arriving and (or) transmitted data taking into account its functions and powers;

2) information security policy – regulations and the practical acceptances regulating management, protection and distribution of information of limited distribution;

3) authentication – confirmation of authenticity of the subject or access object by determination of compliance of the shown details of access available in system;

4) the user of the database – the suppliers of information specified in Item 3 of article 80 of the Law on insurance activity and the receivers of the insurance report specified in subitems 3) and 3-1) items 4 of article 80 of the Law on insurance activity participating in information system of forming and use of insurance reports according to requirements of the laws of the Republic of Kazakhstan;

5) the responsible person – the employee of the Organization and the user of the database providing functioning and control of means of information protection from unauthorized access;

6) the harmful software (computer viruses, net worms and the similar software) - the set of the carried-out code capable to create the copies (in parts or in full matching with the original) and to implement them in different objects and (or) resources of computer systems, networks without the knowledge of the user of the database;

7) the mode of real time – the operating mode of information system of forming and use of insurance reports providing receipt, processing and exchange of information till 16:00 o'clock time of the city of Astana of the day following behind day of the conclusion of the insurance contract;

8) key information – cryptographic keys and keys of the digital signature;

9) the operator – the worker of the user of the database who is directly performing acceptance, collection, processing, transfer and receipt of information with use of system of protection;

10) services in the pro-active mode - the services of the Organization for the notification of the subject of the database provided without filing of application from the subject of the database;

11) information system of forming and use of insurance reports – set of the information technologies, information networks and means of their software and hardware intended for realization by the Organization, the suppliers of information specified in Item 3 of article 80 of the Law on insurance activity, receivers of insurance reports (except for the subject of the database) information processes;

12) measures for protection of information system of forming and use of insurance reports – the organizational and technical actions aimed at providing safe functioning of information system of forming and use of insurance reports including the hardware-software protection of electronic means and computers against unauthorized access providing access control to the established software and information, providing means of differentiation of powers of the registered users;

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