RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of June 2, 2000 No. 262

About approval of the Instruction for placement of part of means of banks in internal assets

For the purpose of enhancement of the bank law of the Republic of Kazakhstan, and also the measures promoting growth of financial provision of national economy, the Board of National Bank of the Republic of Kazakhstan DECIDES:

1. Approve the enclosed Instruction for placement of part of means of banks in internal assets and enact it since October 1, 2000.

2. To department of banking supervision (Mekishev A. A.):

1) together with Legal department (Sharipov S. B.) to take measures to state registration in the Ministry of Justice of the Republic of Kazakhstan of this resolution and Instruction for placement of part of means of banks in internal assets;

2) in two weeks from the date of state registration in the Ministry of Justice of the Republic of Kazakhstan to bring this resolution and the Instruction for placement of part of means of banks in internal assets to data of territorial branches of National Bank of the Republic of Kazakhstan and banks of the second level.

3. From the date of enforcement of this resolution and the Instruction for placement of part of means of banks in internal assets to recognize invalid:

1) the resolution of Board of National Bank of the Republic of Kazakhstan of June 18, 1999 No. 128 "About approval of Rules of placement of part of means of banks with foreign participation in internal assets";

2) Rules of placement of part of means of banks with foreign participation in the internal assets approved by the resolution of Board of National Bank of the Republic of Kazakhstan of June 18, 1999 No. 128.

4. To impose control of execution of this resolution on the vice-chairman of National Bank of the Republic of Kazakhstan Zhangeldin E. T.

Approved by the resolution of Board of National Bank of the Republic of Kazakhstan of June 2, 2000 No. 262

The instruction for placement of part of means of banks in internal assets

This Instruction is developed according to the Laws of the Republic of Kazakhstan "About banks and banking activity in the Republic of Kazakhstan", "About state regulation and supervision of the financial market and the financial organizations" for the purpose of regulation of activities of the banks of the second level directed to risk minimization from the operations performed by banks and disaggregates conditions of placement by banks of the second level, except for banks which founder is the Government of the Republic of Kazakhstan, own and raised funds in internal assets.

1. Banks place own and raised funds in internal assets during month under report so that the relation of average monthly size of internal assets to the amount of average monthly size of subordinated debt, average monthly size of termless financial instruments, average monthly size of the debt securities issued by bank and the average monthly size of internal obligations was at least 1. The coefficient is represented with three signs after comma.

2. Internal assets of bank represent requirements (money, the placed deposits, the issued loans, debt securities, receivables) to residents of the Republic of Kazakhstan, participation in the authorized capital of legal entities - residents of the Republic of Kazakhstan, intangible assets and the affined precious metals, the personal and real estate located (being) in the territory of the Republic of Kazakhstan.

Internal obligations of bank represent obligations to residents of the Republic of Kazakhstan, except for subordinated debt before residents of the Republic of Kazakhstan, the termless financial instruments which are at residents of the Republic of Kazakhstan, the debt securities issued by bank which are at residents of the Republic of Kazakhstan and not invested remaining balance of the means accepted by bank based on the custodial agreement.

3. Average monthly sizes of internal assets, internal obligations of bank, subordinated debt, termless financial instruments and the debt securities issued by bank are calculated as the relation of total amount of internal assets, internal obligations of bank, subordinated debt, termless financial instruments and the debt securities issued by bank taking into account overdue debt, the added remuneration, discounts, awards, positive/negative adjustments to quantity of the working days in the corresponding month under report.

Since January 1, 2012 average monthly sizes of internal assets, internal obligations of bank, subordinated debt, termless financial instruments and the debt securities issued by bank are calculated, including taking into account provisions (reserves).

3-1. Excluded

4. Authorized body on regulation and supervision of the financial market and the financial organizations (further - authorized body) and banks monthly calculate the average monthly size of internal assets, coefficient of placement of part of means in internal assets and average monthly size of internal obligations according to Item 1 of this Instruction. These calculations are made based on the report on remaining balance on balance and off-balance sheet accounts represented by banks on the electronic medium according to regulatory legal acts of authorized body, and additional data for calculation of coefficient of placement of part of the means in internal assets (further - additional data) represented by banks to authorized body on the electronic medium in form according to appendix 3 to this Instruction.

4-1. Calculations and additional data on paper in forms according to appendices 1 - 3 to this Instruction, specified in Item 4, are signed by the first head (for its absence - person, it replacing), the chief accountant, are certified by seal and stored at bank. Upon the demand of authorized body the bank no later than two working days from the date of receipt of request represents calculations and additional data on paper.

4-2. Additional data are represented by banks to authorized body on the electronic medium daily not later

18:00 hours of time of the city of Astana of the seventh working day following reporting date.

4-3. Additional data on the electronic medium are provided with use of transport system of the guaranteed delivery information with cryptographic remedies providing confidentiality and not adjustability of the represented data.

4-4. Identity of the data represented on the electronic medium, to data on paper is provided with the first head of bank (for its absence - person, it replacing) and the chief accountant.

5. Excluded

6. The questions which are not settled by this Instruction are subject to permission according to the current legislation.

Appendices 1 - 3

to the Instruction for placement of part of means of banks in internal assets

See Appendices 1-3 (9Kb In original language)

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info