Document from CIS Legislation database © 2003-2021 SojuzPravoInform LLC

RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of November 26, 2005 No. 153

About determination of the activities relating to monetary

(as amended on 27-05-2015)

According to the Law of the Republic of Kazakhstan of March 30, 1995 "About National Bank of the Republic of Kazakhstan" the Board of National Bank of the Republic of Kazakhstan (further - National Bank) DECIDES:

1. Determine the activities relating to monetary - the activities performed for the purpose of realization of monetary policy, management of gold and exchange assets, assets of National fund of the Republic of Kazakhstan and legal entities, including the following transaction types:

provision of loans;

receipt of the credits from international financial institutions, Central Banks of foreign states and other creditors;

attraction and placement of deposits;

inventory of commercial bills;

purchase and sale of foreign currency;

release and placement of short-term notes of National Bank;

purchase and sale of the government and other securities, including with the right of the return redemption, carrying out other transactions with securities;

import, export of currency values and precious metals;

purchase and sale of precious metals, including the affined gold, implementation of other transactions with precious metals in the territory of the Republic of Kazakhstan and in the foreign market;

acceptance, storage, carrying out testing and examination of precious metals, gemstones and products from them, and also purchase of goods, the works and services necessary for implementation of the specified transactions;

transactions with tools of the money market, such as interbank deposits, repo and return repo, deposit certificates, commercial papers and other debt obligations;

production, purchase, sale, the redemption, storage, delivery, export, replacement, processing, packaging, exchange, retirement and destruction of banknotes and coins of national currency, acquisition of services in determination of their design, production of information materials about banknotes and coins of national currency before their release into the stream of commerce, and also purchase of goods, the works and services necessary for implementation of the listed transactions;

transactions with derivative financial instruments, the special drawing rights (SDR);

trust management of National fund of the Republic of Kazakhstan;

trust management of assets based on the agreements on trust management signed between National Bank and the Government of the Republic of Kazakhstan or other legal entities;

custodial and broker activities;

opening of accounts in banks, financial institutions, and also in international financial institutions in the territory of the Republic of Kazakhstan and beyond its limits;

opening and account management of banks, financial institutions, international organizations and other legal entities in National Bank;

functioning of payment systems, carrying out all payment types and money transfers including connected with implementation of transfer, cashing in and other transactions with payment documents;

carrying out operation analysis of National Bank in the external and internal markets, including portfolio analysis and risks assessment on management of gold and exchange assets, monitoring of external managing directors;

implementation of financial instrument transactions, their accounting, the analysis and control, data acquisition about the financial markets and financial instruments, creation of reserve information;

purchase of goods, works and services at the news agencies providing data on the financial markets and financial instruments, financial instruments, banks and other financial organizations, and also information necessary for carrying out all types of international settlements;

acquisition of services of financial and other consultants and advisers, trustees and procedural agents in connection with implementation of transactions on management of gold and exchange assets, National fund of the Republic of Kazakhstan and assets of other legal entities, and also with implementation of the shares belonging to National Bank, acquisition of services of the consultants necessary for creation of the Reserve center of National Bank;

functioning of life support systems (security, disturbing and fire alarm, fire extinguishing, communication, access control, video control, ventilation, conditioning, electric utility service, water supply and heat supply) of storages of banknotes, coins of national currency and precious metals;

creation of the information materials connected with accomplishment of the main objectives and functions assigned to National Bank, and (or) their placement in mass media and printing editions;

purchase of goods, the works and services necessary for realization of the activities connected with questions of monetary policy, stability of financial system, macroprudential regulation, creation and development of the international and (or) regional financial centers, currency control and currency exchange control including acquisition of services of consultants and advisers for the specified questions.

2. To management of planning and control of the budget (Shatanov A. A.):

1) together with Legal department (Sharipov S. B.) to take measures to state registration in the Ministry of Justice of the Republic of Kazakhstan of this resolution;

2) in ten-day time from the date of state registration in the Ministry of Justice of the Republic of Kazakhstan of this resolution to bring it to the attention of the interested divisions of central office, branches of National Bank of the Republic of Kazakhstan, and also the state companies and joint-stock companies, the founder and which authorized body it is.

3. This resolution becomes effective after fourteen days from the date of state registration in the Ministry of Justice of the Republic of Kazakhstan.

4. To impose control of execution of this resolution on vice-chairmen of National Bank of the Republic of Kazakhstan Aymanbetova G. Z. and Elemesova A. R. on accessory.

Chairman of National Bank

A. Saydenov

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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