Article 230. Illegal actions in relation to insider information of the Criminal Code of the Republic of Kazakhstan, the Criminal Code of the Republic of Kazakhstan
1 Intentional use of insider information when making a transaction (transactions) with securities (derivative financial instruments) or intentional illegal transfer of insider information to third parties or intentional illegal provision of access to insider information to third parties, as well as intentional provision of recommendations to third parties on making a transaction (transactions) with securities (derivative financial instruments), based on insider information, if these acts have caused major damage to a citizen, organization, or state, –
are punishable by a fine in the amount of up to two hundred monthly calculation indices or correctional labor in the same amount, or community service for up to two hundred hours, or arrest for up to fifty days, with or without deprivation of the right to hold certain positions or engage in certain activities for up to three years, with or without confiscation of property as such.
2 The same deeds:
1) committed by a group of persons by prior agreement;
2) caused particularly large damage;
3) committed by a person using his official position, –
are punishable by a fine in the amount of up to two thousand monthly calculation indices or correctional labor in the same amount, or community service for up to six hundred hours, or restriction of liberty for up to two years, or imprisonment for the same period, with or without confiscation of property, with deprivation of the right to hold certain positions or engage in certain activities for a period of up to three years or without it.
3 The acts provided for in the first or second parts of this Article committed by a criminal group, –
are punishable by restriction of liberty for a term of up to five years or imprisonment for the same term, with confiscation of property.
President
Republic of Kazakhstan
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