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The document ceased to be valid since October 13, 2014 according to Item 3 of the Resolution of Board of National Bank of the Republic of Kazakhstan of July 16, 2014 No. 146

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 August 22, 2008 No. 120

About establishment of the prudential standard rate for the organizations performing broker and dealer activities in the security market, approval of Rules of calculation of the prudential standard rate for the organizations performing broker and dealer activities in the security market

(as amended on 02-12-2014)

According to subitems 11), 15) of Item 2 of Article 3, article 49 of the Law of the Republic of Kazakhstan of July 2, 2003 "About the security market" and subitems 5), 6) of Item 1 of article 9 of the Law of the Republic of Kazakhstan of July 4, 2003 "About state regulation and supervision of the financial market and the financial organizations", for the purpose of ensuring financial stability of the organization, performing broker and dealer activities in the security market, 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:

1. Establish for the organizations performing broker and dealer activities in the security market, the prudential standard rate - "Coefficient of sufficiency of equity".

Value of coefficient of sufficiency of equity daily shall make at least 1.

2. Approve the enclosed Rules of calculation of the prudential standard rate for the organization, performing broker and dealer activities in the security market.

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