Document from CIS Legislation database © 2003-2021 SojuzPravoInform LLC

RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of April 28, 2012 No. 168

About the minimum size of the authorized capital of the applicant (licensee)

(as amended on 28-12-2020)

According to the Law of the Republic of Kazakhstan of July 2, 2003 "About the security market" (further - the Law) the Board of National Bank of the Republic of Kazakhstan DECIDES:

1. Establish the minimum size of the authorized capital for the applicant on:

1) implementation of activities for management of investment portfolio with the right of attraction of voluntary pension contributions (the Voluntary accumulation pension fund) in the amount of 800 000 - the multiple size of the monthly settlement indicator established by the law of the Republic of Kazakhstan on the republican budget for the corresponding financial year;

2) implementation of broker and (or) dealer activities with the right of account management of clients as the nominee holder in the amount of 400 000 - the multiple size of the monthly settlement indicator established by the law of the Republic of Kazakhstan on the republican budget for the corresponding financial year;

3) implementation of broker and (or) dealer activities without the right of account management of clients in the amount of 400 000 - the multiple size of the monthly settlement indicator established by the law of the Republic of Kazakhstan on the republican budget for the corresponding financial year;

4) implementation of activities for management of investment portfolio without the right of attraction of voluntary pension contributions in the amount of 300 000 - the multiple size of the monthly settlement indicator established by the law of the Republic of Kazakhstan on the republican budget for the corresponding financial year;

5) combination of broker and (or) dealer activities with activities for management of investment portfolio without the right of attraction of voluntary pension contributions in the amount of 400 000 - the multiple size of the monthly settlement indicator established by the law of the Republic of Kazakhstan on the republican budget for the corresponding financial year;

6) implementation of activities for the organization of trade with securities and other financial instruments in the amount of 500 000 - the multiple size of the monthly settlement indicator established by the law of the Republic of Kazakhstan on the republican budget for the corresponding financial year;

7) implementation of clearing activities for transactions with financial instruments in the amount of 500 000 - the multiple size of the monthly settlement indicator established by the law of the Republic of Kazakhstan on the republican budget for the corresponding financial year;

8) implementation transfer - agency activities by the professional participant of the security market created in form of business:

joint-stock company - in the amount of 50 000 - the multiple size of the monthly settlement indicator established by the law on the republican budget for the corresponding financial year;

limited liability partnerships - in the amount of 10 000 - the multiple size of the monthly settlement indicator established by the law on the republican budget for the corresponding financial year;

9) combination of activities for management of investment portfolio with the right of attraction of voluntary pension contributions with broker and (or) dealer activities in the amount of 800 000 - the multiple size of the monthly settlement indicator established by the law of the Republic of Kazakhstan on the republican budget for the corresponding financial year.

2. No. 128 is excluded according to the Resolution of Board of the Agency of the Republic of Kazakhstan on regulation and development of the financial market of 28.12.2020

3. No. 128 is excluded according to the Resolution of Board of the Agency of the Republic of Kazakhstan on regulation and development of the financial market of 28.12.2020

5. This resolution becomes effective after ten calendar days after day of its first official publication.

Chairman of National Bank

G. Marchenko

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

Effectively work with search system

Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system

Get help

If you cannot find the required document, or you do not know where to begin, go to Help section.

In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.

You also may open the section Frequently asked questions. This section provides answers to questions set by users.

Search engine created by SojuzPravoInform LLC. UI/UX design by Intelliants.