Article 2-1. The main goals, objectives and principles of state regulation in the field of credit partnerships

Home / RLA / Article 2-1. The main goals, objectives and principles of state regulation in the field of credit partnerships

1. The main objectives of state regulation in the field of credit partnerships are to establish the legal basis for the activities of credit partnerships, to create equal conditions for the activities of credit partnerships aimed at maintaining fair competition in the financial market.

2. The main objectives of state regulation in the field of credit partnerships are:

1) setting standards for the activities of credit partnerships;

2) ensuring an appropriate level of protection of the rights and legitimate interests of participants in credit partnerships, completeness and accessibility of information for consumers about the activities of credit partnerships and the financial services they provide.

3. The main principles of state regulation in the field of credit partnerships are:

1) efficient use of regulatory resources and tools;

2) transparency of the activities of credit partnerships;

3) the responsibility of credit partnerships.

The Law of the Republic of Kazakhstan dated March 28, 2003 "On Credit Partnerships"

President

Republic of Kazakhstan

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