Article 99. Termination of the regulation regime of the Law on Banks and Banking Activities in the Republic Kazakhstan

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1. The authorized body decides to terminate the settlement regime in the following cases::

1) the application of settlement instruments has led to the elimination of the grounds for applying a settlement regime to the bank;

2) the adoption by the authorized body of a decision to revoke a bank in the settlement regime from a banking license to carry out all types of operations for the purpose of subsequent compulsory liquidation of this bank in the following cases:

The application of settlement instruments did not eliminate the grounds for applying a settlement regime to the bank;

after applying the settlement instruments provided for in Article 97 and/or Article 98 of this Law.

2. The authorized body shall revoke the bank, which is in the settlement mode, of a banking license to carry out all types of operations in accordance with the procedure established by Article 83 of this Law.

The Law of the Republic of Kazakhstan dated January 16, 2026 No. 258-VIII SAM.

President

Republic of Kazakhstan

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