of April 3, 2026 No. 43
About establishment of Requirements to domestic policy on compensation, charge of monetary rewards, and also other types of financial incentive of leading employees of bank, insurance (reinsurance) organization, insurance broker, branch of nonresident bank of the Republic of Kazakhstan, branch of the insurance (reinsurance) nonresident organization of the Republic of Kazakhstan, branch of the insurance nonresident broker of the Republic of Kazakhstan
According to Item 1 of article 47 of the Law of the Republic of Kazakhstan "About banks and banking activity in the Republic of Kazakhstan", part 2 of item 4 of Article 2 and Item 8 of article 34 of the Law of the Republic of Kazakhstan "About insurance activity" Board of the Agency of the Republic of Kazakhstan on regulation and development of the DECIDES: financial market
1. For the purposes of this resolution the following concepts are used:
1) governing body - the board of directors of joint-stock company or other similar body on competence, permanent in:
bank of the second level;
insurance (reinsurance) organization;
insurance broker;
bank - the nonresident of the Republic of Kazakhstan, performing the activities through the registered branch in the Republic of Kazakhstan;
the insurance (reinsurance) organization - the nonresident of the Republic of Kazakhstan performing the activities through the registered branch in the Republic of Kazakhstan;
insurance broker - the nonresident of the Republic of Kazakhstan, performing the activities through the registered branch in the Republic of Kazakhstan;
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