of May 26, 2023 No. 30
About approval of standard form of the agreement on trust management of pension assets, standard form of the custodial agreement signed between the single accumulation pension fund, managing investment portfolio and bank custodian
1. Approve:
1) standard form of the agreement on trust management of pension assets according to appendix 1 to this resolution;
2) standard form of the custodial agreement signed between the single accumulation pension fund, managing investment portfolio and bank custodian according to appendix 2 to this resolution.
2. Recognize invalid regulatory legal acts of the Republic of Kazakhstan, and also separate structural elements of regulatory legal act of the Republic of Kazakhstan according to the list according to appendix 3 to this resolution.
3. To provide to department of the security market 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 action provided by the subitem 2) of this Item.
4. 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.
5. This resolution becomes effective since July 1, 2023 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
Appendix 1
to the Resolution of Board of the Agency of the Republic of Kazakhstan on regulation and development of the financial market of May 26, 2023 No. 30
"___" _________ 20 __ years |
_______________________________________ (name of the settlement) |
This agreement about trust management of pension assets (further – the Agreement) is signed between the following parties (further – the Parties): JSC Single Accumulation Pension Fund ____________________________________________________________________, (number and date of the reference or certificate on state registration (re-registration) of JSC Single Accumulation Pension Fund), hereinafter referred to as "Fund", on behalf of ____________________________________________________________________, (position, surname, name, middle name (in the presence) acting on the basis of the Charter or powers of attorney, the Managing director of investment portfolio ____________________________________________________________________, (the name of the Managing director of investment portfolio, license number and date of issue, business and identification number (further – BIN)) hereinafter referred to as "Managing director", on behalf of ____________________________________________________________________, (position, surname, name, middle name – in the presence) acting on the basis of the Charter or powers of attorney.
In the Agreement the following concepts and terms are used:
trust management of pension assets – the obligation of the Managing director to exercise on its own behalf control transferred to its ownership, use and the order of pension assets, for the benefit of the beneficiary (Fund);
conventional unit of pension assets – the specific size of pension assets used for the characteristic of their change in result of trust management of managing investment portfolio;
the investment declaration – the document determining the list of investment objects, the purposes, strategy, conditions and restrictions of investing activities on pension assets, conditions of hedging and diversification of pension assets;
investment revenue – the money received (which are subject to obtaining) as a result of investment of pension assets;
investment portfolio – set of the financial instruments which are part of pension assets;
the managing director of investment portfolio – the professional participant of the security market performing on its own behalf both in interests and for customer account activities for management of investment portfolio based on the license granted according to the laws of the Republic of Kazakhstan "About the security market" (further – the Law on the security market) and "About permissions and notifications", and also conforming to requirements of authorized body for implementation of management of pension assets;
bank custodian – the bank of the second level having the license of authorized body for custodial activities;
authorized body – the state body performing state regulation, control and supervision of the financial market and the financial organizations.
2. The managing director conforms to the requirements established by regulatory legal acts of authorized body.
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
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