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THE RESOLUTION OF BOARD OF THE AGENCY OF THE REPUBLIC OF KAZAKHSTAN ON REGULATION AND DEVELOPMENT OF THE FINANCIAL MARKET

of June 14, 2021 No. 73

About establishment of the minimum size of the authorized capital of the collection agency

According to item 4 of article 3 of the Law of the Republic of Kazakhstan "About collection activities" Board of the Agency of the Republic of Kazakhstan on regulation and development of the DECIDES: financial market

1. Establish the minimum size of the authorized capital of the collection agency in the amount of 10 000 000 (ten million) tenges, including the collection agency which underwent accounting registration in authorized body on regulation, control and supervision of the financial market and financial institutions till January 1, 2022.

2. To provide to department of methodology and prudential regulation of financial institutions in the procedure established by the legislation of the Republic of Kazakhstan:

1) together with Legal department state registration of this resolution in the Ministry of Justice of the Republic of Kazakhstan;

2) placement of this resolution on official Internet resource of the Agency of the Republic of Kazakhstan on regulation and development of the financial market after its official publication;

3) within ten working days after state registration of this resolution submission to Legal department of data on execution of the actions provided by the subitem 2) of this Item.

3. To impose control of execution of this resolution on the supervising vice-chairman of the Agency of the Republic of Kazakhstan on regulation and development of the financial market.

4. This resolution becomes effective since January 1, 2022 and is subject to official publication.

The chairman of the Agency of the Republic of Kazakhstan on regulation and development of the financial market

M. Abylkasymova

 

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