of February 24, 2012 No. 98
About establishment of Requirements to the shares acquired by the insurance (reinsurance) organizations, the affiliated organizations of the insurance (reinsurance) organizations or insurance holdings (to shares in the authorized capital) legal entities, and also the list of bonds of the international financial institutions and financial instruments (except for shares and shares in the authorized capital) acquired by insurance holdings and the insurance (reinsurance) organizations
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:
Establish:
1) the Insurance (reinsurance) organizations, the affiliated organizations of the insurance (reinsurance) organizations or insurance holdings acquire shares (shares in the authorized capital) legal entities in case of compliance of the acquired shares (shares in the authorized capital) legal entities to the following requirements:
shares of legal entities - nonresidents of the Republic of Kazakhstan are included in the list of the stock exchanges specified in appendix 1 to this resolution;
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The document ceased to be valid since March 7, 2017 according to Item 2 of the Resolution of Board of National Bank of the Republic of Kazakhstan of December 26, 2016 No. 304