Article 31-1. Notification of approval of financial products by the licensee The Law on the Securities Market
The licensee shall notify the authorized body of the approval of financial products by the licensee's body authorized to approve financial products within ten working days from the date of their approval.
IZPI's note! The second part of Article 31-1 is amended by the Law of the Republic of Kazakhstan dated 30.06.2025 No. 205-VIII (effective sixty calendar days after the date of its first official publication).
The list of financial products that the licensee notifies the authorized body of, the procedure for notifying the authorized body of the approval of financial products by the licensee, as well as the list of documents attached to the notification and information on approved financial products specified in the notification, are determined by regulatory legal acts of the authorized body.
The Law of the Republic of Kazakhstan dated July 2, 2003 No. 461.
This Law regulates public relations arising in the process of issuing, placing, circulating and redeeming equity securities and other financial instruments, the specifics of the creation and operation of securities market entities, defines the procedure for regulating, controlling and supervising the securities market in order to ensure the safe, open and effective functioning of the securities market, and the protection of investors' rights. and holders of securities, fair competition of securities market participants.
President
Republic of Kazakhstan
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