of February 24, 2012 No. 84
About establishment of Requirements to the shares acquired by banks, the affiliated organizations of bank or bank holding (to shares in the authorized capital) legal entities, and also aggregate value of shares of bank in the authorized capital or shares of legal entities
According to the Law of the Republic of Kazakhstan of December 28, 2011 "About modification and amendments in some legal acts of the Republic of Kazakhstan concerning banking regulation and the financial organizations regarding risk minimization" the Board of National Bank of the Republic of Kazakhstan DECIDES:
1. Determine that:
1) banks of the second level, the affiliated organizations of banks or bank holdings acquire shares of legal entities in case of their compliance to the following requirements:
shares of legal entities - nonresidents of the Republic of Kazakhstan, are in free circulation on the international stock exchanges specified in appendix to this resolution;
shares of the legal entities recognized by the resident organizations of the Republic of Kazakhstan according to requirements of Item 3 of article 22-1 of the Law of the Republic of Kazakhstan of July 2, 2003 "About the security market" are included in the official listing of stock exchange;
shares of legal entities - residents of the Republic of Kazakhstan are in the representative list of the stock exchange index;
shares of legal entities - residents of the Republic of Kazakhstan are included in the official listing of stock exchange;
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The document ceased to be valid since September 1, 2019 according to Item 2 of the Resolution of Board of National Bank of the Republic of Kazakhstan of August 19, 2019 No. 131