Article 16. Functions of the authorized body of the Law on Countering the Legalization (Laundering) of Proceeds from Crime, Financing of Terrorism and Financing the Proliferation of Weapons of Mass Destruction

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Article 16. Functions of the authorized body of the Law on Countering the Legalization (Laundering) of Proceeds from Crime, Financing of Terrorism and Financing the Proliferation of Weapons of Mass Destruction

financing the proliferation of weapons of mass destruction authorized body:

1) collects, processes, analyzes and uses information and information about transactions with money and (or) other property subject to financial monitoring in accordance with this Law;

2) excluded by the Law of the Republic of Kazakhstan dated 07/05/2024 No. 113-VIII (effective sixty calendar days after the date of its first official publication).

3) coordinates the activities of government agencies in the field of countering the legalization (laundering) of proceeds from crime, the financing of terrorism and the financing of the proliferation of weapons of mass destruction;

4) at the request of the criminal court, it sends the necessary information on transactions with money and (or) other property subject to financial monitoring in order to resolve materials in production.;

4-1) provides, in accordance with the procedure established by the legislation of the Republic of Kazakhstan, at the request of law enforcement and special government agencies, information and information on the operation subject to financial monitoring.;

5) upon suspension of a suspicious transaction in accordance with the first part of paragraph 3 and paragraph 5 of Article 13 of this Law, transmits information to law enforcement and special state bodies of the Republic of Kazakhstan in accordance with their competence for decision-making and notifies the Prosecutor General's Office of the Republic of Kazakhstan.;

5-1) if there are grounds to believe that the activities of individuals, legal entities and foreign entities without forming a legal entity are related to the legalization (laundering) of proceeds from crime, financing of terrorism and (or) financing the proliferation of weapons of mass destruction, send information to law enforcement and special state bodies of the Republic of Kazakhstan in accordance with their competence and notifies the Prosecutor General's Office of the Republic of Kazakhstan about this.

The relevant law enforcement and special state bodies of the Republic of Kazakhstan, after making a decision on the information sent, send information on the measures taken to the authorized body and the Prosecutor General's Office of the Republic of Kazakhstan within two working days.;

5-2) interacts with law enforcement and special government agencies on the transmitted information in accordance with this Law;

6) excluded by the Law of the Republic of Kazakhstan dated 07/05/2024 No. 113-VIII (effective sixty calendar days after the date of its first official publication).

7) organizes the formation and maintenance of the republican database, as well as ensures the methodological unity and coordinated functioning of digital systems in the field of countering the legalization (laundering) of proceeds from crime, the financing of terrorism and the financing of the proliferation of weapons of mass destruction;

8) develops and implements measures to prevent violations of the legislation of the Republic of Kazakhstan on countering the legalization (laundering) of proceeds from crime, the financing of terrorism and the financing of the proliferation of weapons of mass destruction;

9) summarizes the practice of applying the legislation of the Republic of Kazakhstan on countering the legalization (laundering) of proceeds from crime, the financing of terrorism and the financing of the proliferation of weapons of mass destruction based on information received from government agencies and other organizations, and also develops and makes proposals for its improvement;

10) excluded by the Law of the Republic of Kazakhstan dated 07/05/2024 No. 113-VIII (effective sixty calendar days after the date of its first official publication).

11) conducts retraining and advanced training activities in the field of countering the legalization (laundering) of proceeds from crime, the financing of terrorism and the financing of the proliferation of weapons of mass destruction;

12) excluded by the Law of the Republic of Kazakhstan dated 07/05/2024 No. 113-VIII (effective sixty calendar days after the date of its first official publication).

13) excluded by the Law of the Republic of Kazakhstan dated 05/13/2020 No. 325-VI (effective six months after the date of its first official publication);

13-1) maintains the state digital register of notifications of financial monitoring entities provided for in subparagraphs 7) (except for lawyers), 13), 15) and 16) of paragraph 1 of Article 3 of this Law, in accordance with the Law of the Republic of Kazakhstan "On Permits and Notifications";

13-2) receives notifications from financial monitoring entities provided for in subparagraphs 7) (except for lawyers), 13), 15) and 16) of paragraph 1 of Article 3 of this Law, in accordance with the Law of the Republic of Kazakhstan "On Permits and Notifications";

13-3) coordinates the work on risk assessment in the field of countering the legalization (laundering) of proceeds from crime, the financing of terrorism and the financing of the proliferation of weapons of mass destruction and the implementation of measures aimed at reducing the risks of legalization (laundering) of proceeds from the financing of terrorism and the financing of the proliferation of weapons of mass destruction;

13-4) develops and submits to the Government of the Republic of Kazakhstan measures aimed at reducing the risks of legalizing (laundering) proceeds from crime, financing terrorism and financing the proliferation of weapons of mass destruction;

13-5) carries out state control over compliance by financial monitoring entities specified in subitems 7) (with the exception of lawyers), 8) (with the exception of audit organizations), 13), 15), 16), 18), 21) and 22) paragraph 1 of Article 3 of this Law, the legislation of the Republic of Kazakhstan on counteraction legalization (laundering) of proceeds from crime, financing of terrorism and financing the proliferation of weapons of mass destruction in accordance with the Business Code of the Republic of Kazakhstan and this Law;

13-6) develops and approves regulatory legal acts in the field of countering the legalization (laundering) of proceeds from crime, the financing of terrorism and the financing of the proliferation of weapons of mass destruction in accordance with the main goals and objectives of this Law and the legislation of the Republic of Kazakhstan;

13-7) maintains and determines the procedure for maintaining the list of public officials included in the list of public officials approved by the President of the Republic of Kazakhstan, their spouses and close relatives;

13-8) establishes the form and deadlines for the provision by state bodies of the Republic of Kazakhstan and organizations of information on the analysis and monitoring of the activities of organizations and individuals in order to identify the risks of legalization (laundering) of proceeds from crime, financing of terrorism and financing the proliferation of weapons of mass destruction, generalization of practice, proposals for improving the legislation of the Republic of Kazakhstan on countering legalization (laundering) proceeds of crime, financing of terrorism and financing the proliferation of weapons of mass destruction to the authorized body;

13-9) approves the rules for making transfers of secured digital assets; -Excluded by the Law of the Republic of Kazakhstan dated January 16, 2026 No. 259-VIII SAM

13-10) sends information on the existence of relations with third parties (control and influence of third parties), whose actions contributed to the legalization (laundering) of proceeds from crime, financing of terrorism and financing the proliferation of weapons of mass destruction, within four working days from the date of receipt of the request from the state body of the Republic of Kazakhstan, which carries out within its competence monitoring compliance by financial monitoring entities with the legislation of the Republic of Kazakhstan on countering the legalization (laundering) of income, proceeds from crime, financing of terrorism and financing the proliferation of weapons of mass destruction;

13-11) maintains a unified register of digital asset wallets used for the purpose of legalizing (laundering) proceeds from crime, financing terrorism and financing the proliferation of weapons of mass destruction and (or) other criminal purposes;

13-12) defines the procedure, including the composition, timing and form of providing information for maintaining a unified register of digital asset wallets used for the purpose of legalizing (laundering) proceeds from crime, financing terrorism and financing the proliferation of weapons of mass destruction and (or) other criminal purposes.;

14) exercise other powers provided for by this Law, other laws of the Republic of Kazakhstan, acts of the President of the Republic of Kazakhstan and the Government of the Republic of Kazakhstan.

The Law of the Republic of Kazakhstan dated August 28, 2009 No. 191-IV.

This Law defines the legal basis for countering the legalization (laundering) of proceeds from crime, the financing of terrorism and the financing of the proliferation of weapons of mass destruction, the legal relations of financial monitoring entities, the authorized body and other state bodies of the Republic of Kazakhstan in the field of countering the legalization (laundering) of proceeds from crime and the financing of terrorism, as well as the mechanisms for implementing targeted financial sanctions, related to the prevention and prevention of terrorism, the financing of terrorism and the financing of the proliferation of weapons of mass destruction, and the prevention, prevention and cessation of the proliferation of weapons of mass destruction and their financing.

President

Republic of Kazakhstan

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