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The document ceased to be valid since November 15, 2020 according to Item 1 of the Joint Resolution of Board of the Agency of the Republic of Kazakhstan on regulation and development of the financial market and the Order of the Minister of Finance of the Republic of Kazakhstan of October 29, 2020 No. 104, on October 30, 2020 No. 1055

ORDER OF THE MINISTER OF FINANCE OF THE REPUBLIC OF KAZAKHSTAN AND RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of November 26, 2014 No. 523, on December 24, 2014 No. 236

About approval of Requirements to Rules of internal control for the purpose of counteraction of legalization (washing) of income gained in the criminal way and to financing of terrorism for the insurance (reinsurance) organizations and insurance brokers

(as amended on 04-12-2020)

According to Item 3-2 of article 11 of the Law of the Republic of Kazakhstan of August 28, 2009 "About counteraction of legalization (washing) of income gained in the criminal way and to terrorism financing" the Minister of Finance of the Republic of Kazakhstan ORDERS and the Board of National Bank of the Republic of Kazakhstan DECIDES:

1. Approve the enclosed Requirements to Rules of internal control for the purpose of counteraction of legalization (washing) of income gained in the criminal way and to financing of terrorism for the insurance (reinsurance) organizations and insurance brokers.

2. Strakhov (reinsurance) organizations and insurance brokers:

1) to bring internal documentation into accord with the presents the order and the resolution no later than three calendar months from the date of enforcement of the presents of the order and the resolution;

2) to hold events for completion of the automated information systems and determination of risk level of the existing clients according to this order and the resolution no later than one calendar year from the date of enforcement of the presents of the order and the resolution.

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