Article 19-2. Rules and standards of a self-regulatory organization in the field of collection activities of the Law on Collection Activities

Home / Laws / Article 19-2. Rules and standards of a self-regulatory organization in the field of collection activities of the Law on Collection Activities

1. The rules of a self-regulating organization in the field of collection activities, in addition to the requirements provided for in article 20-1 of the Law on Self-Regulation, must contain:

1) the amount and (or) the calculation procedure, the procedure for payment of entrance and membership fees;

2) rules of professional ethics of employees of a self-regulating organization in the field of collection activities;

3) the procedure, list, forms and terms of information posted by a self-regulatory organization in the field of collection activities on its Internet resource;

4) other provisions determined by the self-regulatory organization in the field of collection activities independently.

2. The standards of a self-regulating organization in the field of collection activities, in addition to the requirements provided for in article 20-2 of the Law on Self-Regulation, must contain provisions on compliance by members (participants) of a self-regulating organization in the field of collection activities with the rights and legitimate interests of debtors and other provisions determined by the self-regulating organization in the field of collection activities independently.

The Law of the Republic of Kazakhstan dated May 6, 2017 No. 62-VI.

This Law regulates public relations related to the implementation of collection activities, establishes the specifics of the creation and operation of collection agencies, and also defines the specifics of state regulation of collection agencies and control over their activities.

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Republic of Kazakhstan

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