RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of August 31, 2016 No. 202

About approval of Rules of release, use and repayment of electronic money, and also requirements to issuers of electronic money and electronic payment systems in the territory of the Republic of Kazakhstan

According to the subitem 26) of paragraph two of part two of Item 19 of the Regulations on National Bank of the Republic of Kazakhstan approved by the Presidential decree of the Republic of Kazakhstan of December 31, 2003 No. 1271 "About approval of the Provision and structure of National Bank of the Republic of Kazakhstan" the Board of National Bank of the Republic of Kazakhstan DECIDES:

1. Approve the enclosed Rules of release, use and repayment of electronic money, and also requirements to issuers of electronic money and electronic payment systems in the territory of the Republic of Kazakhstan.

2. Recognize invalid the resolution of Board of National Bank of the Republic of Kazakhstan, and also structural elements of some resolutions of Board of National Bank of the Republic of Kazakhstan according to the list according to appendix to this resolution.

3. To department of payment systems (Ashykbekov E. T.) in the procedure established by the legislation of the Republic of Kazakhstan to provide:

1) together with Legal department (Sarsenov N. V.) state registration of this resolution in the Ministry of Justice of the Republic of Kazakhstan;

2) the direction of this resolution in the republican state company on the right of economic maintaining "The republican center of legal information of the Ministry of Justice of the Republic of Kazakhstan":

on official publication in information system of law of Ad_let within ten calendar days after its state registration in the Ministry of Justice of the Republic of Kazakhstan;

for inclusion in the State register of regulatory legal acts of the Republic of Kazakhstan, Reference control bank of regulatory legal acts of the Republic of Kazakhstan within ten calendar days from the date of its state registration in the Ministry of Justice of the Republic of Kazakhstan;

3) placement of this resolution on official Internet resource of National Bank of the Republic of Kazakhstan after its official publication.

4. To management on consumer protection of financial services and external communications (Terentyev A. L.) provide the direction of this resolution on official publication in periodic printing editions within ten calendar days after its state registration in the Ministry of Justice of the Republic of Kazakhstan.

5. To impose control of execution of this resolution on the vice-chairman of National Bank of the Republic of Kazakhstan Pirmatov G. O.

6. This resolution becomes effective after ten calendar days after day of its first official publication.

Approved by the Resolution of Board of National Bank of the Republic of Kazakhstan of August 31, 2016 No. 202

Rules of release, use and repayment of electronic money, and also requirements to issuers of electronic money and electronic payment systems in the territory of the Republic of Kazakhstan

Chapter 1. General provisions

1. These rules of release, use and repayment of electronic money, and also requirements to issuers of electronic money and electronic payment systems in the territory of the Republic of Kazakhstan (further – Rules) are developed according to the subitem 26) of paragraph two of part two of Item 19 of the Regulations on National Bank of the Republic of Kazakhstan approved by the Presidential decree of the Republic of Kazakhstan of December 31, 2003 No. 1271 "About approval of the Provision and structure of National Bank of the Republic of Kazakhstan" and determine procedure for release, use and repayment of electronic money in the territory of the Republic of Kazakhstan, and also requirements to issuers of electronic money (further – the issuer) and to electronic payment systems in the territory of the Republic of Kazakhstan.

Procedure for release, use and repayment of electronic money in the territory of the Republic of Kazakhstan, and also requirements to issuers and electronic payment systems in the territory of the Republic of Kazakhstan include release of electronic money, implementation of transactions with use of electronic money, repayment of electronic money, requirements to issuers and electronic payment systems in the territory of the Republic of Kazakhstan.

1-1. No. 53 is excluded according to the Resolution of Board of National Bank of the Republic of Kazakhstan of 25.08.2025

2. In Rules concepts, the stipulated in Article 1 Law of the Republic of Kazakhstan "About payments and payment systems", and also the following concepts are used:

1) cyber security – condition of security of digital objects from violation of their confidentiality, integrity or availability;

2) cyber security threat – set of the conditions and factors creating premises to emergence of incident of cyber security;

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