Document from CIS Legislation database © 2003-2022 SojuzPravoInform LLC

RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of May 25, 2012 No. 194

About approval of Rules of disclosure of information by the legal entity for the purposes of receipt of bank loan and (or) the bank guarantee

(as amended on 17-02-2021)

According to the Law of the Republic of Kazakhstan of August 31, 1995 "About banks and banking activity in the Republic of Kazakhstan" the Board of National Bank of the Republic of Kazakhstan DECIDES:

1. Approve the enclosed Rules of disclosure of information as the legal entity for the purposes of receipt of bank loan and (or) the bank guarantee.

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

Chairman of National Bank

G. Marchenko

Approved by the Resolution of Board of National Bank of the Republic of Kazakhstan of May 25, 2012 No. 194

Rules of disclosure of information by the legal entity for the purposes of receipt of bank loan and (or) the bank guarantee

These rules of disclosure of information by the legal entity for the purposes of receipt of bank loan and (or) the bank guarantee (further - Rules) are developed according to the Law of the Republic of Kazakhstan of August 31, 1995 "About banks and banking activity in the Republic of Kazakhstan" (further - the Law) and determine procedure for disclosure of information by the legal entity for the purposes of receipt of bank loan and (or) the bank guarantee.

1. The legal entity having intention to obtain bank loan and (or) the bank guarantee according to the subitem 9) of Item 2 of article 8-1 of the Law is understood as person who opens information on the persons in total owning directly or indirectly more than fifty percent of shares in the authorized capital or placed (less exclusive and redeemed by society) of shares of this legal entity, by means of representation of one (one) of the following documents (data):

1) copies of constituent documents;

2) copies of statements from the shareholder register (participants);

3) copies of statements from the trade register (the shareholder register or other similar document, the stipulated by the legislation state in which the nonresident is registered) with indication of founders (participants) and majority shareholders of legal nonresident person;

4) the data placed on Internet resource of the stock exchange performing activities in the territory of the Republic of Kazakhstan of either foreign state, or electronic systems (like REUTERS, Bloomberg);

5) the financial reporting on the last reporting date confirmed auditor the organizations;

6) copies of the prospectus of issue of securities or other similar document, the stipulated by the legislation state in which the legal entity - the nonresident is registered, confirming issue of securities;

7) the data placed on Internet resource of authorized body on regulation, control and supervision of the financial market and the financial organizations or body of financial supervision of the country of the location of the legal entity owning directly or indirectly shares in the authorized capital or placed (less exclusive and redeemed by society) shares of the legal entity, or on Internet resource of the depositary of the financial reporting determined according to the legislation of the Republic of Kazakhstan on financial accounting and the financial reporting;

8) the data provided by the financial organization or the legal litsomnerezident of the Republic of Kazakhstan having the status of bank, insurance company, pension fund, the professional participant of the security market, or being the organization performing custodial activities, activities for property trust management.

2. The cumulative share of the persons owning directly or indirectly more than fifty percent of shares in the authorized capital or placed (less exclusive and redeemed by society) shares of the legal entity, joins shares of the physical persons and (or) legal entities corresponding to one of the following criteria:

it is controlled by the Government of the Republic of Kazakhstan, local executive body or foreign state;

is the international organization according to appendix 1 to Rules;

is the organization having individual credit rating is not lower than the sovereign score assigned to the Republic of Kazakhstan or the rating corresponding to it specified in appendix 2 to Rules, appropriated to one of the rating agencies specified in appendix 3 to Rules;

is the organization whose shares are included in the official listing of stock exchange of the Republic of Kazakhstan and (or) stock exchanges, according to the list established by appendix 4 to Rules;

Warning!!!

This is not a full text of document! Document shown in Demo mode!

If you have active License, please Login, or get License for Full Access.

With Full access you can get: full text of document, original text of document in Russian, attachments (if exist) and see History and Statistics of your work.

Get License for Full Access Now

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.