of January 31, 2019 No. 13
About approval of Requirements to forming, method of calculation of insurance reserves and their structure
According to the laws of the Republic of Kazakhstan of December 18, 2000 "About insurance activity" and of March 19, 2010 "About the state statistics" the Board of National Bank of the Republic of Kazakhstan DECIDES:
1. Approve the enclosed Requirements to forming, method of calculation of insurance reserves and their structure (further - Requirements).
2) Item 22 of the List of regulatory legal acts of the Republic of Kazakhstan concerning regulation of insurance activity to which changes are made the Board of National Bank of the Republic of Kazakhstan approved by the resolution of May 30, 2016 No. 127 "About modification of some regulatory legal acts of the Republic of Kazakhstan concerning regulation of insurance activity" (it is registered in the Register of state registration of regulatory legal acts at No. 14277, it is published on October 24, 2016 in information system of law of Ad_let).
3. To department of regulation of the non-bank financial organizations (Kosherbayeva A. M.) 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) within ten calendar days from the date of state registration of this resolution of its direction in the Kazakh and Russian languages in the Republican state company on the right of economic maintaining "The republican center of legal information" for official publication and inclusion in Reference control bank of regulatory legal acts 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) within ten working days after state registration of this resolution submission to Legal department of data on execution of the actions provided by subitems 2), 3) of this Item and item 4 of this resolution.
4. To management on consumer protection of financial services and external communications (Terentyev A. L.) provide within ten calendar days after state registration of this resolution the direction it to the copy on official publication in periodic printing editions.
5. To impose control of execution of this resolution on the vice-chairman of National Bank of the Republic of Kazakhstan Kurmanov Zh. B.
6. This resolution becomes effective after ten calendar days after day of its first official publication, except for parts two of Item 54 of Requirements which becomes effective since June 1, 2019.
Chairman of National Bank
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