Article 218. Violation of the procedure for submitting reports for the purpose of monitoring sources of supply and demand in the domestic foreign exchange market of the Republic of Kazakhstan or reports on activities related to the organization of exchange operations with foreign currency in cash of the Code of Administrative Offences of the Republic of Kazakhstan
1. Violation by an authorized bank or a professional securities market participant engaged in foreign exchange transactions on behalf of clients of the deadline provided for by the regulatory legal act of the National Bank of the Republic of Kazakhstan for submitting a report for the purpose of monitoring sources of supply and demand in the domestic foreign exchange market of the Republic of Kazakhstan –
entails a warning.
2. The act provided for in the first part of this article, committed repeatedly within a year after the imposition of an administrative penalty, –
entails a fine in the amount of fifteen monthly calculation indices.
3. Submission by an authorized bank or a professional securities market participant engaged in foreign exchange transactions on behalf of clients of an incomplete and (or) unreliable report for the purpose of monitoring sources of supply and demand in the domestic foreign exchange market of the Republic of Kazakhstan, provided for by the regulatory legal act of the National Bank of the Republic of Kazakhstan, –
entails a warning.
4. The action provided for in the third part of this article, committed repeatedly within a year after the imposition of an administrative penalty, –
entails a fine in the amount of fifteen monthly calculation indices.
5. Violation by an authorized bank or an authorized organization of the deadline stipulated by the regulatory legal act of the National Bank of the Republic of Kazakhstan for submitting a report on activities related to the exchange of foreign currency in cash –
entails a warning.
6. The act provided for in part five of this Article, committed repeatedly within a year after the imposition of an administrative penalty, –
entails a fine in the amount of fifteen monthly calculation indices.
7. Submission by an authorized bank or an authorized organization of an incomplete and (or) unreliable report on the activities of carrying out exchange operations with foreign currency in cash, provided for by the regulatory legal act of the National Bank of the Republic of Kazakhstan, –
entails a warning.
8. The action provided for in part seven of this Article, committed repeatedly within a year after the imposition of an administrative penalty, –
entails a fine in the amount of fifteen monthly calculation indices.
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