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

of August 28, 2025 No. 51

About approval of Rules of provision of the microcredits, disclosures of information and consideration by the organizations performing microfinancial activities, the addresses of the clients arising in the course of provision of the microcredits

According to Item 2 of article 17 of the Law of the Republic of Kazakhstan "About microfinancial activities" Board of the Agency of the Republic of Kazakhstan on regulation and development of the DECIDES: financial market

1. Approve the enclosed Rules of provision of the microcredits, disclosures of information and consideration by the organizations performing microfinancial activities, the addresses of the clients arising in the course of provision of the microcredits (further - Rules).

2. To provide to department of behavioural supervision 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.

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 is subject to official publication and becomes effective since August 31, 2025, except for subitems 4) and 5) of Item 5 of Rules which become effective since July 2, 2026.

Approved by the Resolution of Board of the Agency of the Republic of Kazakhstan on regulation and development of the financial market of August 28, 2025 No. 51

Rules of provision of the microcredits, disclosures of information and consideration by the organizations performing microfinancial activities, the addresses of the clients arising in the course of provision of the microcredits

Chapter 1. General provisions

1. These rules of provision of the microcredits, disclosures of information and consideration by the organizations performing microfinancial activities, the addresses of the clients arising in the course of provision of the microcredits (further - Rules), are developed according to Item 2 of article 17 of the Law of the Republic of Kazakhstan "About microfinancial activities" (further - the Law) for the purpose of enhancement of system of provision of the microcredits, disclosure of information and determination of procedure for consideration by the organizations performing microfinancial activities, the addresses of the clients arising in the course of provision of the microcredits.

2. In Rules the concepts provided by the Law and also the following concept are used:

microfinancial services - implementation by the organizations performing microfinancial activities (further - the microfinancial organizations), activities for provision of the microcredits.

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