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On approval of the Regulations and Structure of the National Bank of the Republic of Kazakhstan

АMANAT партиясы және Заң және Құқық адвокаттық кеңсесінің серіктестігі аясында елге тегін заң көмегі көрсетілді

On approval of the Regulations and Structure of the National Bank of the Republic of Kazakhstan

Decree of the President of the Republic of Kazakhstan dated December 31, 2003 No. 1271.

 In accordance with Article 17-1 of the Constitutional Law of the Republic of Kazakhstan "On the President of the Republic of Kazakhstan", I hereby decree:

     1. Approve the attached documents:

     1) Regulations on the National Bank of the Republic of Kazakhstan;

     2) the structure of the National Bank of the Republic of Kazakhstan.

     2. To approve the total staffing of the National Bank of the Republic of Kazakhstan, including the central office, its branches and representative offices, in the amount of 2,161 units.

     The footnote. Paragraph 2 - as amended by Decree of the President of the Republic of Kazakhstan dated 08/17/2022 No. 985.

     3. To invalidate some decrees of the President of the Republic of Kazakhstan according to the attached list.

     4. This Decree comes into force on January 1, 2004.

 

 

     President of the Republic of Kazakhstan

 

 

 

Approved by Decree of the President of the Republic of Kazakhstan on December 31, 2003 No. 1271

 

Regulations on the National Bank of the Republic of Kazakhstan

     The footnote. The Regulation is amended by Decree of the President of the Republic of Kazakhstan dated 09/06/2025 No. 984 (see paragraph 2 for the introduction procedure).

Chapter 1. General provisions

     1. The National Bank of the Republic of Kazakhstan (hereinafter referred to as the National Bank of Kazakhstan) is a government agency directly subordinate to and accountable to the President of the Republic of Kazakhstan, which ensures the development and implementation of the monetary policy of the state (hereinafter referred to as the National Bank of Kazakhstan). – monetary policy), the functioning of payment systems that contribute to ensuring the stability of the financial system, carry out currency regulation and currency control, statistical activities, as well as, within their competence, state regulation, control and supervision of the financial market, financial organizations and other persons and in the field of financial legislation of the Republic of Kazakhstan.

     The National Bank of Kazakhstan is the central bank of the Republic of Kazakhstan and represents the upper (first) level of the banking system of the Republic of Kazakhstan.

     2. The National Bank of Kazakhstan carries out its activities in accordance with the Constitution and laws of the Republic of Kazakhstan, acts of the President and Government of the Republic of Kazakhstan, other regulatory legal acts, as well as this Regulation on the National Bank of the Republic of Kazakhstan (hereinafter referred to as the Regulation).

     2-1. Full name of the National Bank of Kazakhstan:

     1) in the official language: "Kazakhstan Republikasyn Ulttyk Banki" republikalyk memlekettik mekemesi;

     2) in Russian: Republican State Institution "National Bank of the Republic of Kazakhstan";

     3) in English: Republican state institution "National Bank of the Republic of Kazakhstan".

     The footnote. The Regulation was supplemented by paragraph 2-1 in accordance with the Decree of the President of the Republic of Kazakhstan dated 30.04.2026 No. 1251.

     Russian Russian National Bank 3. The National Bank of Kazakhstan is a legal entity in the organizational and legal form of a republican state institution, has symbols and insignia, seals with its name in the Kazakh and Russian languages with the image of the National Emblem of the Republic of Kazakhstan and stamps with its name in the Kazakh and Russian languages, letterheads of the established pattern.

     The National Bank of Kazakhstan, together with its branches, representative offices, and republican state–owned enterprises (hereinafter referred to as the organizations of the National Bank of Kazakhstan), forms a single centralized structure under a direct subordination scheme.

     Branches of the National Bank of Kazakhstan (hereinafter referred to as the branch) are opened by decision of the Board of Directors of the National Bank of Kazakhstan, are accountable to it and carry out their activities within the powers established by the National Bank of Kazakhstan.

     The branch structure approved by the Board of Directors of the National Bank of Kazakhstan may include branches and other divisions, the legal status and powers of which are determined by the regulations on the branch of the National Bank of Kazakhstan.

     In its activities, the branch is guided by the regulatory legal acts of the Republic of Kazakhstan, resolutions of the Board, the Monetary Policy Committee and the Board of Directors of the National Bank of Kazakhstan, orders, orders of the National Bank of Kazakhstan, this Regulation and the regulations on the branch of the National Bank of Kazakhstan.

     The procedure for opening and closing a branch, its powers, tasks and functions are determined by the regulations on the branch of the National Bank of Kazakhstan and regulatory legal acts of the Republic of Kazakhstan.

     The branch's activities are managed by its director, who is appointed (dismissed) by the Chairman of the National Bank of Kazakhstan.

     The Director of the branch carries out his activities on the basis of the regulations on the branch and the power of attorney of the National Bank of Kazakhstan.

     Representative offices of the National Bank of Kazakhstan are opened by decision of the Board of Directors of the National Bank of Kazakhstan both on the territory of the Republic of Kazakhstan and outside it, and protect and represent the interests of the National Bank of Kazakhstan within the limits of the powers established by the National Bank of Kazakhstan.

     The procedure for opening and closing representative offices, their powers and legal status are determined by the regulations on representative offices of the National Bank of Kazakhstan.

     The activities of the representative office are managed by the head of the representative office, who is appointed (dismissed) by the Chairman of the National Bank of Kazakhstan.

     The head of the representative office carries out his activities on the basis of the regulations on the representative office and the power of attorney of the National Bank of Kazakhstan.

     Other issues related to the internal activities of the National Bank of Kazakhstan are established by the regulations of the National Bank of Kazakhstan, regulations on structural divisions and other legal acts of the National Bank of Kazakhstan.

     Organizations of the National Bank of Kazakhstan are republican legal entities, are established in the form of republican state-owned enterprises, are subject to state registration in accordance with the procedure established by the legislation of the Republic of Kazakhstan and are part of the unified centralized structure of the National Bank of Kazakhstan.

     The National Bank of Kazakhstan, in relation to the organizations it creates, is their founder and an authorized state body that performs the functions of a subject of republican ownership rights in relation to them, including the authority to regulate their activities and make decisions on changing the legal status of these organizations.

     The National Bank of Kazakhstan independently determines the subject and objectives of the activities of the organizations it creates, as well as their type (on the right of economic management or operational management), approves their charters, amendments and additions to them.

     The decision to establish, reorganize, change the name, increase or decrease the authorized capital, liquidate and alienate organizations of the National Bank of Kazakhstan is made by the Board of Directors of the National Bank of Kazakhstan.

     The procedure for establishment, reorganization, liquidation, subject matter and objectives of activity, legal status and statutory competence of organizations of the National Bank of Kazakhstan and their bodies are determined by the legislation of the Republic of Kazakhstan, charters of organizations, this Regulation and legal acts of the National Bank of Kazakhstan.

     The activities of the organizations of the National Bank of Kazakhstan are managed by its head, who is appointed (dismissed) by the Chairman of the National Bank of Kazakhstan.

     The Charter of the organizations of the National Bank of Kazakhstan is approved by the Board of Directors of the National Bank of Kazakhstan.

     Branches, representative offices and organizations of the National Bank of Kazakhstan have their own seal and letterheads of the established standard.

     4. The National Bank of Kazakhstan enters into civil law relations on its own behalf.

     5. The National Bank of Kazakhstan has the right to act as a party to civil law relations on behalf of the state if it is authorized to do so in accordance with the legislation of the Republic of Kazakhstan.

     6. The National Bank of Kazakhstan, in matters of its competence, in accordance with the procedure established by the legislation of the Republic of Kazakhstan, makes decisions formalized by orders of the Chairman of the National Bank of Kazakhstan, resolutions of the Board, the Monetary Policy Committee, the Board of Directors of the National Bank of Kazakhstan and other acts provided for by the legislation of the Republic of Kazakhstan.

     7. The structure and total staffing of the National Bank of Kazakhstan are approved by the President of the Republic of Kazakhstan.

     8. Location of the central office of the National Bank of Kazakhstan: Republic of Kazakhstan, Z00A9G3, Astana, "Yesil" district, Mangilik El Avenue, building 64.

     The footnote. Paragraph 8 is in the wording of the Decree of the President of the Republic of Kazakhstan dated 24.10.2025 No. 1066.

     9. The Regulation is a constituent document of the National Bank of Kazakhstan.

     10. The activities of the National Bank of Kazakhstan are financed from the budget (cost estimates) of the National Bank of Kazakhstan.

     11. The National Bank of Kazakhstan is prohibited from entering into contractual relations with business entities for the performance of duties that are the authority of the National Bank of Kazakhstan, except in cases established by legislative acts of the Republic of Kazakhstan and this Regulation.

     The National Bank of Kazakhstan has the right to perform banking operations and other services on a paid basis. The types and amounts of fees for the services provided by them are determined by the National Bank of Kazakhstan independently.

The National Bank of Kazakhstan does not charge fees for banking and other services provided to the Government of the Republic of Kazakhstan and the central authorized body for budget execution, with the exception of services for the management of the National Fund of the Republic of Kazakhstan, assets of other funds and organizations.

Chapter 2. Tasks and powers of the National Bank of Kazakhstan

     12. Tasks:

     1) development and implementation of monetary policy;

     2) ensuring the functioning of payment systems;

     3) implementation of currency regulation and currency control;

     4) assistance in ensuring the stability of the financial system;

     5) implementation of statistical activities in the field of monetary statistics, financial market statistics and external sector statistics;

     6) other tasks in accordance with the laws of the Republic of Kazakhstan and acts of the President of the Republic of Kazakhstan.

     13. Authority:

     1) rights:

     develop and adopt, within their competence, regulatory legal acts that are binding on financial organizations, other individuals and legal entities in the territory of the Republic of Kazakhstan;

     request and receive free of charge from any individuals and legal entities, branches of non–resident banks of the Republic of Kazakhstan, branches of insurance (reinsurance) organizations that are non–residents of the Republic of Kazakhstan, branches of insurance brokers that are non–residents of the Republic of Kazakhstan, branches (representative offices) of foreign non-financial organizations operating in the Republic of Kazakhstan, as well as government agencies the necessary information, including including information constituting official, commercial, banking and other legally protected secrets;

     to carry out inspections and other forms of control and supervision within the limits of the powers established by the legislation of the Republic of Kazakhstan;

     adopt regulatory and non-normative legal acts regulating the internal activities of the National Bank of Kazakhstan, as well as relations related to the activities of legal entities in respect of which it is the founder (authorized body) or shareholder;

     to exercise other rights stipulated by the Law of the Republic of Kazakhstan "On the National Bank of the Republic of Kazakhstan" (hereinafter – the Law on the National Bank), other legislative acts of the Republic of Kazakhstan and acts of the President of the Republic of Kazakhstan;

     2) responsibilities:

     develop and implement monetary policy;

     contribute to ensuring the stability of the financial system;

     to carry out statistical activities in the field of monetary statistics, financial market statistics and statistics of the external sector;

     to carry out internal audit and audit of the activities of the divisions of the central office, branches, representative offices and organizations of the National Bank of Kazakhstan, as well as joint-stock companies of which the National Bank of Kazakhstan is the sole shareholder.;

     other duties stipulated by the Law on the National Bank, other legislative acts of the Republic of Kazakhstan and acts of the President of the Republic of Kazakhstan.

     14. Functions:

     National Bank of Kazakhstan:

     1) develops and implements monetary policy;

     2) issues government equity securities;

     3) is the sole issuer of banknotes and coins of the national currency of the Republic of Kazakhstan and organizes cash circulation in the territory of the Republic of Kazakhstan;

     3-1) is the sole issuer of the digital tenge;

     3-2) ensures the functioning of the National Digital Financial Infrastructure;

     4) determines the procedure for replacing the banknotes of the national currency of the Republic of Kazakhstan in circulation when their design (shape) is changed;

     5) determines the procedure for conducting cash transactions with individuals and legal entities in the National Bank of Kazakhstan;

     6) ensures the organization and functioning of payment systems;

     6-1) regulates payment systems and oversees them, regulates the payment services market, controls and supervises it, as well as regulates payments and (or) money transfers in accordance with the laws of the Republic of Kazakhstan;

     7) participates in the transportation, storage and collection of banknotes, coins and valuables, creates reserve state funds of banknotes, coins and valuables;

     8) monitors and supervises compliance with the requirements for the arrangement of premises by legal entities operating exclusively through exchange offices on the basis of a license from the National Bank of Kazakhstan for exchange operations with foreign currency in cash, and by legal entities whose exclusive activity is the collection of banknotes, coins and valuables;

     9) regulates and oversees the interbank money transfer system, the interbank clearing system and other payment systems that ensure money transfers between users in Kazakhstani tenge;

     10) in order to streamline payments and money transfers, establish, in agreement with the Government of the Republic of Kazakhstan, the sequence of payments to bank accounts carried out by banks, organizations engaged in certain types of banking operations, branches of non–resident banks of the Republic of Kazakhstan and business entities, unless otherwise provided by the laws of the Republic of Kazakhstan;

     11) carries out currency regulation and currency control in the Republic of Kazakhstan;

     12) establishes qualification requirements for legal entities whose exclusive activity is the collection of banknotes, coins and valuables, which include requirements for the organizational and legal form, requirements for founders (participants), including disclosure of the sources of origin of their contributions to the authorized capital, requirements for the size and procedure for the formation of the authorized capital, and as well as premises, technical facilities, equipment and employees of legal entities whose exclusive activity is the collection of banknotes, coins and valuables;

     13) determines the procedure for the organization of security and arrangement of premises of second–tier banks, branches of non-resident banks of the Republic of Kazakhstan, organizations engaged in certain types of banking operations;

     14) determines the procedure for carrying out cash transactions and operations for the collection of banknotes, coins and valuables, including the organization of automobile collection transportation, in second–tier banks, branches of non-resident banks of the Republic of Kazakhstan, organizations engaged in certain types of banking operations;

     15) jointly with other authorized state bodies of the Republic of Kazakhstan, regulates the withdrawal of cash from bank accounts by business entities;

     16) during the period of the state of emergency, in order to ensure the economic security and stability of the financial system of the Republic of Kazakhstan, in accordance with the acts of the President of the Republic of Kazakhstan, it has the right to introduce a special regulatory regime providing for the introduction of a special procedure and conditions for the provision of payment services by financial organizations, payment system operators, payment organizations, including the regulation of the fees they apply;

     17) provides asset management in foreign currency, precious metals and digital assets;

     18) implements the State's priority right to purchase refined gold to replenish assets in precious metals;

     19) performs, in cases stipulated by the legislation of the Republic of Kazakhstan, control tests of samples (samples) of precious metals and raw materials containing precious metals.;

     20) carries out storage and testing of precious metals, with the exception of products made from them, and samples (samples) of raw materials containing precious metals owned by financial organizations and other persons authorized to carry out export-import operations with precious metals and raw materials containing precious metals;

     21) in cases stipulated by the legislation of the Republic of Kazakhstan, carries out transportation, reception, accounting, storage of precious metals, precious stones and products made from them, converted (received) into state ownership on separate grounds;

     22) independently and (or) jointly with other state bodies of the Republic of Kazakhstan, within the framework of their competence, regulates systemic risks;

     23) cooperates with the authorized body for regulation, control and supervision of the financial market and financial organizations:

     on the stability of the financial system of the Republic of Kazakhstan;

     through the exchange of information within the framework of the powers of the National Bank of Kazakhstan and the authorized body for regulation, control and supervision of the financial market and financial organizations established by the laws of the Republic of Kazakhstan, including through mutual access to information systems, including information systems created on the information and communication infrastructure of the National Bank of Kazakhstan and (or) its subsidiary;

     24) provides the authorized body for regulation, control and supervision of the financial market and financial organizations with administrative data necessary for the exercise of its powers to regulate, control and supervise the financial market and financial organizations, including information and information constituting official, commercial, banking and other legally protected secrets, including by providing access to authorized body for regulation, control and supervision of the financial market and financial organizations to the information systems of the National Bank of Kazakhstan;

25) performs the functions of the working body of the Financial Stability Council of the Republic of Kazakhstan, forms, within its competence, proposals on issues related to the functions of the Financial Stability Council of the Republic of Kazakhstan;

     26) in order to help ensure the stability of the financial system:

     Conducts regular monitoring of macroeconomic and macro-financial factors affecting the stability of the financial system;

     forms a macroprudential policy;

     provides loans of last resort in accordance with the procedure and on the terms stipulated by the Law on the National Bank and the joint regulatory legal act of the National Bank of Kazakhstan and the authorized body for regulation, control and supervision of the financial market and financial organizations.;

     conducts operations with derivative financial instruments with second-tier banks in accordance with the procedure, on the terms and within the time limits established by the Board of the National Bank of Kazakhstan;

     27) provides loans in accordance with the legislation of the Republic of Kazakhstan;

     28) develops a statistical methodology, generates and distributes statistical information on monetary statistics, financial market statistics, and statistics on the external sector (balance of payments, international investment position, and external debt);

     29) develops statistical forms for external sector statistics, conducts departmental statistical observations in accordance with the statistical work plan; and also, within its competence, exercises control in the field of state statistics;

     30) collects and processes administrative data (financial and other reports) on issues of currency regulation and currency control, monetary statistics, cash circulation, payments and payment systems, regulation, control and supervision of the financial market and financial organizations and in the field of financial legislation of the Republic of Kazakhstan and determines the procedure for their submission;

     31) carries out, within its competence, regulation of the financial market and financial organizations, branches of non–resident banks of the Republic of Kazakhstan, branches of insurance (reinsurance) organizations of non–residents of the Republic of Kazakhstan, branches of insurance brokers of non–residents of the Republic of Kazakhstan and other persons, as well as control and supervision of the financial market and financial organizations, branches of non–resident banks of the Republic of Kazakhstan, branches of insurance (reinsurance) organizations – non-residents of the Republic of Kazakhstan, branches of insurance brokers – non-residents of the Republic of Kazakhstan and in the field of financial legislation of the Republic of Kazakhstan in accordance with the Law on the National Bank, the Law of the Republic of Kazakhstan "On State Regulation, Control and Supervision of the Financial Market and Financial Organizations", other laws of the Republic of Kazakhstan and acts of the President of the Republic of Kazakhstan;

     32) issues (refuses to issue), reissues, suspends, revokes the license:

     for exchange operations with foreign currency in cash – to legal entities operating exclusively through exchange offices;

     for the collection of banknotes, coins and valuables – to legal entities whose exclusive activity is the collection of banknotes, coins and valuables;

     for dealer activity in the digital asset market – operations for the exchange, purchase and (or) sale of unsecured digital assets to operators of the exchange of unsecured digital assets, whose exclusive activity is the implementation of exchange operations with unsecured digital assets;

     32-1) applies a risk-based approach in the framework of control and supervision of the activities of digital asset service providers, with the exception of digital asset service providers participating in the Astana International Financial Center;

     32-2) carries out state regulation, control and supervision of the activities of operators of the exchange of unsecured digital assets, operators of the digital financial asset platform, operators of the digital asset trading platform, organizations for storing the underlying asset of a digital financial asset;

     32-3) approves regulatory legal acts that are mandatory for the exchange of unsecured digital assets, operators of the digital financial asset platform, operators of the digital asset trading platform, organizations for storing the underlying asset of a digital financial asset and issuers of digital financial assets provided for in subparagraph 1) of Article 5 of the Law of the Republic of Kazakhstan "On Digital Assets in the Republic of Kazakhstan";

     32-4) defines the procedure for conducting transactions for the purchase, sale and (or) exchange of unsecured digital assets by the operator of the exchange of unsecured digital assets;

     32-5) performs registration of operators of the digital financial assets platform, operators of the digital assets trading platform, and payment organizations;

     33) determines the accounting policy and methods for the National Bank of Kazakhstan, taking into account international financial reporting standards;

     34) monitors and supervises compliance by legal entities operating exclusively through exchange offices on the basis of the license of the National Bank of Kazakhstan for exchange operations with foreign currency in cash, the requirements of the legislation of the Republic of Kazakhstan on accounting and financial reporting, rules for automation of accounting, as well as the requirements of the legislation of the Republic of Kazakhstan on currency regulation and currency control;

     35) monitors compliance by legal entities operating exclusively through exchange offices based on the license of the National Bank of Kazakhstan for exchange operations with foreign currency in cash, digital asset service providers, with the exception of digital asset service providers – participants of the Astana International Financial Center, issuers of digital financial assets provided for in subparagraph 1) of Article 5 of the Law of the Republic of Kazakhstan "On Digital Assets in the Republic of Kazakhstan", as well as participants in the special regulatory regime of the National Bank of Kazakhstan operating in the field of digital assets, and payment organizations that comply with the requirements of the legislation of the Republic of Kazakhstan on countering legalization (laundering) proceeds of crime, financing of terrorism and financing the proliferation of weapons of mass destruction in terms of recording, storing and providing information on transactions with money and (or) other property subject to financial monitoring, due diligence of clients (their representatives) and beneficial owners, suspension and refusal of transactions subject to financial monitoring, protection of documents obtained in the course of their activities activities, as well as the organization and implementation of internal control in accordance with the legislation of the Republic of Kazakhstan;

     36) monitors and supervises compliance by payment service providers other than banks and organizations engaged in certain types of banking operations, payment system operators and payment system operating centers with the requirements of the legislation of the Republic of Kazakhstan on payments and payment systems;

     37) participates, within the limits of its competence, in inspections of the activities of the audited entities conducted by the authorized body for regulation, control and supervision of the financial market and financial organizations;

     38) applies limited measures of influence on matters within its competence to residents and non-residents who carry out currency transactions and are not financial organizations, payment system operators, payment system operational centers, as well as payment service providers who are not banks, bank branches – non-residents of the Republic of Kazakhstan and organizations engaged in certain types of banking operations, supervisory response measures to legal entities operating exclusively through exchange offices based on the license of the National Bank of Kazakhstan for exchange operations with foreign currency in cash, and legal entities whose exclusive activity is the collection of banknotes, coins and valuables, as well as sanctions and other measures provided for by the laws of the Republic of Kazakhstan, and determines the procedure for their application;

     39) determines the procedure for the introduction and cancellation of a special regulatory regime, the implementation of activities related to digital assets and (or) payment services, within the framework of a special regulatory regime;

     40) participates in servicing the public debt of the Government of the Republic of Kazakhstan in coordination with it and services the public debt of the National Bank of Kazakhstan;

     41) establishes and publishes the official exchange rate of the national currency of the Republic of Kazakhstan against foreign currencies in accordance with the procedure determined by the National Bank of Kazakhstan;

     42) monitors the sources of supply and demand, as well as the use of foreign currency in the domestic foreign exchange market;

     43) carries out banking activities, professional activities in the securities market and other activities defined by the laws of the Republic of Kazakhstan without obtaining appropriate licenses;

     44) determines the procedure for opening, maintaining and closing metal accounts by banks and branches of non–resident banks of the Republic of Kazakhstan;

     45) performs trust management of the National Fund of the Republic of Kazakhstan on the basis of a trust management agreement concluded between the National Bank of Kazakhstan and the Government of the Republic of Kazakhstan;

     46) carries out trust management of assets of legal entities on the basis of trust management agreements concluded by the National Bank of Kazakhstan with legal entities;

47) performs trust management of pension assets of the unified accumulative pension fund on the basis of a trust management agreement concluded between the National Bank of Kazakhstan and the unified accumulative pension fund;

     48) provides custodial services for pension assets of the unified accumulative pension fund;

     49) submit, at the request of the authorized financial monitoring body, information from its own information systems and resources in accordance with the legislation of the Republic of Kazakhstan on countering the legalization (laundering) of proceeds from crime, financing of terrorism and financing the proliferation of weapons of mass destruction.;

     50) participates in personnel training for government agencies and financial organizations of the Republic of Kazakhstan;

     51) purchases goods, works, and services in accordance with the procedure established by the regulatory legal act of the National Bank of Kazakhstan;

     52) assigns, cancels and determines the use of bank identification codes, assigns and cancels codes of banks and organizations engaged in certain types of banking operations and codes of branches of banks and organizations engaged in certain types of banking operations, establishes their structure, and also forms and maintains a Directory of banks and organizations engaged in certain types of banking operations;

     53) creates consultative and advisory bodies of the National Bank of Kazakhstan;

     54) in order to ensure the completeness and quality of information on the financial market and financial organizations used to provide services to government agencies and financial organizations, exchanges information with its subsidiaries using information systems owned by them.;

     55) determines the procedure for the alienation and transfer of property assigned to the National Bank of Kazakhstan;

     56) determines the procedure for developing and approving development plans for state-controlled joint-stock companies, limited liability partnerships, of which the National Bank of Kazakhstan is a shareholder (participant, trustee), and state-owned enterprises established by it, monitoring and evaluating their implementation, as well as reports on their implementation;

     57) carries out information and explanatory work on the main activities of the National Bank of Kazakhstan;

     58) conducts measures to improve the quality of financial services on issues within its competence.;

     59) ensures the availability and relevance of the financial and operational risk management system of the National Bank of Kazakhstan;

     60) within the limits of its competence, cooperates with central banks, control and supervisory authorities of other states, international and other organizations and has the right to exchange, with confidentiality, information constituting a commercial secret on the securities market, banking secrecy, insurance secrecy or other legally protected secret necessary for the exercise of control and supervisory functions, on the basis and in accordance with in accordance with the international treaty of the Republic of Kazakhstan, an agreement providing for the exchange of confidential information.

     Other organizations specified in part one of this subparagraph are understood to mean associations of central banks, control and supervisory authorities of other states established with the aim of developing common standards for regulating the activities of the banking sector, the securities market and the insurance market.;

     61) maintains registers of payment systems, significant payment service providers, and payment organizations;

     62) conducts research in the field of monetary policy, financial stability and other areas related to its activities;

     63) Approves mandatory regulatory legal acts for financial organizations, branches of non–resident banks of the Republic of Kazakhstan, branches of insurance (reinsurance) organizations of non–residents of the Republic of Kazakhstan, branches of insurance brokers of non–residents of the Republic of Kazakhstan, and other individuals and legal entities in the territory of the Republic of Kazakhstan in accordance with the Law of the Republic of Kazakhstan "On the National Bank of the Republic of Kazakhstan" and legislation Republic of Kazakhstan;

     64) ensures compliance with laws and other regulatory legal acts of the Republic of Kazakhstan in the field of mobilization training and mobilization;

     65) performs other functions stipulated by the Law on the National Bank, other legislative acts of the Republic of Kazakhstan and acts of the President of the Republic of Kazakhstan.

     The footnote. Paragraph 14 as amended by Decrees of the President of the Republic of Kazakhstan dated 10/24/2025 No. 1066 (effective from 11/20/2025); dated 09/06/2025 No. 984 (for the procedure of introduction, see paragraph 2); dated 04/30/2026 No. 1251 (for the procedure of introduction, see paragraph 3).

Chapter 3. Status and powers of the first Head of the National Bank of Kazakhstan, his deputies, and collegial bodies

     15. The management of the National Bank of Kazakhstan is carried out by the Chairman, who is personally responsible for the fulfillment of the tasks assigned to the National Bank of Kazakhstan and the exercise of his powers.

     16. The Chairman of the National Bank of Kazakhstan is appointed by the President of the Republic of Kazakhstan with the consent of the Senate of the Parliament of the Republic of Kazakhstan for a period of 6 years and dismissed by the President of the Republic of Kazakhstan.

     The Chairman of the National Bank of Kazakhstan has deputies who are appointed and dismissed in accordance with the legislation of the Republic of Kazakhstan.

     The Chairman of the National Bank of Kazakhstan determines the powers of his deputies in accordance with the legislation of the Republic of Kazakhstan.

     17. Powers of the Chairman of the National Bank of Kazakhstan:

     1) makes operational and executive-administrative decisions on all issues of the National Bank of Kazakhstan's activities, with the exception of the powers stipulated by the Law on the National Bank and these Regulations for the Management Board, the Monetary Policy Committee and the Board of Directors of the National Bank of Kazakhstan;

     2) submits candidates for Deputy Chairmen of the National Bank of Kazakhstan for appointment by the President of the Republic of Kazakhstan;

     3) appoints and dismisses members of the Board of the National Bank of Kazakhstan from the National Bank of Kazakhstan;

     4) appoints officials of the National Bank of Kazakhstan and dismisses them, encourages distinguished employees, imposes disciplinary penalties;

     5) represents, within its competence, the National Bank of Kazakhstan in the Republic and abroad;

     6) on the basis of and (or) in pursuance of legislative acts of the Republic of Kazakhstan, acts of the President of the Republic of Kazakhstan, regulatory legal acts of the National Bank of Kazakhstan, resolutions of the Board, the Monetary Policy Committee and the Board of Directors of the National Bank of Kazakhstan, issues orders and orders on the activities of the National Bank of Kazakhstan, signs resolutions of the Board, the Monetary Policy Committee-credit policy and the Board of Directors of the National Bank of Kazakhstan;

     7) conducts meetings of the Board, the Monetary Policy Committee and the Board of Directors of the National Bank of Kazakhstan;

     8) distributes responsibilities among the Deputy Chairmen of the National Bank of Kazakhstan, establishes the degree of responsibility of his deputies and heads of departments of the central office, branches, representative offices and organizations of the National Bank of Kazakhstan for the state of affairs in the assigned area of work.;

     9) approves the composition of the Monetary Policy Committee and the Board of Directors of the National Bank of Kazakhstan;

     10) on the basis of the total staffing of the National Bank of Kazakhstan approved by the President of the Republic of Kazakhstan, approves the staffing tables of the central office, branches and representative offices of the National Bank of Kazakhstan;

     11) approves the regulations on branches, representative offices and structural divisions of the central office of the National Bank of Kazakhstan, with the exception of the regulations on the internal audit unit;

     12) reviews the annual report on the work done by the security unit;

     13) concludes agreements (agreements, contracts) on behalf of the National Bank of Kazakhstan;

     14) disposes of all property and funds of the National Bank of Kazakhstan in accordance with the legislation of the Republic of Kazakhstan, issues powers of attorney, establishes the procedure for signing obligations and issuing powers of attorney on behalf of the National Bank of Kazakhstan.;

     15) considers the results of inspections and the results of internal audits of the divisions of the central office, branches, representative offices and organizations of the National Bank of Kazakhstan, as well as joint-stock companies of which the National Bank of Kazakhstan is the sole shareholder;

     16) supervises the implementation of mobilization training activities.

     The Chairman of the National Bank of Kazakhstan or his deputy decides on the imposition of administrative penalties in cases of administrative offenses, the consideration of which, in accordance with the legislative acts of the Republic of Kazakhstan, falls within the competence of the National Bank of Kazakhstan.

     The Chairman of the National Bank of Kazakhstan has the right to make decisions on any issue not falling within the exclusive competence of the Board, the Monetary Policy Committee and the Board of Directors of the National Bank of Kazakhstan, as well as to entrust the resolution of certain issues within his competence to his deputies, heads of structural divisions of the central office, branches and representative offices of the National Bank of Kazakhstan, others officials of the National Bank of Kazakhstan.

The Deputy Chairmen represent the National Bank of Kazakhstan without a power of attorney, sign documents within their competence, and issue power of attorney within their competence, including for the participation of employees of the National Bank of Kazakhstan in court proceedings. The Deputy Chairmen of the National Bank of Kazakhstan consider issues and make decisions in accordance with the legislation of the Republic of Kazakhstan and based on the distribution of their functional responsibilities.

     The heads of the divisions of the central office of the National Bank of Kazakhstan carry out their activities on the basis of the regulations on these divisions approved by the order of the Chairman of the National Bank of Kazakhstan.

     The powers of the Chairman of the National Bank of Kazakhstan during his absence are performed by the person replacing him in accordance with the legislation of the Republic of Kazakhstan.

     The Chairman of the National Bank of Kazakhstan is obliged to take measures to combat corruption and bears responsibility established by law for non-fulfillment or improper fulfillment of this duty.

     18. The collegial bodies of the National Bank of Kazakhstan are the Management Board, the Monetary Policy Committee and the Board of Directors.

     19. The supreme body of the National Bank of Kazakhstan is the Management Board.

     The powers of the Board of the National Bank of Kazakhstan, along with the powers provided for in Article 15 of the Law on the National Bank, include:

     Approving the rules:

     1) about the minimum reserve requirements;

     2) establishment of the official exchange rate of the national currency of the Republic of Kazakhstan against foreign currencies;

     3) exchange of banknotes and coins of the national currency of the Republic of Kazakhstan, withdrawn and withdrawn from circulation, as well as dilapidated and damaged banknotes and coins of the national currency of the Republic of Kazakhstan;

     4) sale and repurchase by the National Bank of Kazakhstan of banknotes and coins of the national currency of the Republic of Kazakhstan, including in special packaging;

     5) conducting cash transactions with individuals and legal entities in the National Bank of Kazakhstan;

     6) determination of the solvency of banknotes and coins of the national currency of the Republic of Kazakhstan;

     7) replacement of the banknotes of the national currency of the Republic of Kazakhstan in circulation when their design (shape) is changed;

     8) applying limited measures of influence to payment system operators, payment system operational centers, payment service providers that are not banks, branches of non–resident banks of the Republic of Kazakhstan and organizations engaged in certain types of banking operations;

     8-1) applying limited measures of influence to the operator of the digital financial assets platform, the operator of the digital assets trading platform, the issuer of digital financial assets;

     8-2) applying supervisory response measures to the operator of the exchange of unsecured digital assets;

     9) the application of supervisory response measures to legal entities operating exclusively through exchange offices based on the license of the National Bank of Kazakhstan for exchange operations with foreign currency in cash, and legal entities whose exclusive activity is the collection of banknotes, coins and valuables;

     10) withdrawal of cash banknotes from circulation;

     11) carrying out cash operations and operations for the collection of banknotes, coins and valuables, including the organization of automobile collection transportation, in second–tier banks, branches of non-resident banks of the Republic of Kazakhstan, the National Postal Operator and legal entities whose exclusive activity is the collection of banknotes, coins and valuables;

     12) organization of security and arrangement of premises of second–tier banks, branches of non-resident banks of the Republic of Kazakhstan, the National Postal Operator, legal entities whose exclusive activity is the collection of banknotes, coins and valuables, and legal entities operating exclusively through exchange offices based on the license of the National Bank of Kazakhstan for exchange operations with foreign currency in cash; in coordination with the relevant authorized bodies;

     13) issuing licenses to legal entities whose exclusive activity is the collection of banknotes, coins and valuables, which establish qualification requirements for legal entities whose exclusive activity is the collection of banknotes, coins and valuables, which include requirements for organizational and legal form, requirements for founders (participants), including disclosure of their sources of origin contributions to the authorized capital, requirements for the size and procedure for the formation of the authorized capital, as well as premises, technical facilities, equipment and employees of legal entities whose exclusive activity is the collection of banknotes, coins and valuables;

     14) implementation of operations with foreign currency in the National Bank of Kazakhstan, converted into state ownership on separate grounds;

     15) functioning of the interbank money transfer system;

     16) functioning of the interbank clearing system;

     17) the functioning of payment systems operated by the National Bank of Kazakhstan or its subsidiary;

     18) functioning of the interbank payment card system;

     IZPI's note!      Paragraph 19 is provided to be supplemented with subparagraph 18-1) in accordance with the Decree of the President of the Republic of Kazakhstan dated 30.04.2026 No. 1251 (effective from 07/19/2026).

     19) application of checks in the territory of the Republic of Kazakhstan;

     20) conducting operations with documentary letters of credit by banks of the Republic of Kazakhstan;

     21) accounting of promissory notes by second–tier banks of the Republic of Kazakhstan, branches of non-resident banks of the Republic of Kazakhstan;

     22) conducting transactions with bills of exchange and promissory notes by second–tier banks, branches of non-resident banks of the Republic of Kazakhstan and organizations engaged in certain types of banking operations;

     23) issuance of payment cards, as well as requirements for servicing operations involving their use in the territory of the Republic of Kazakhstan;

     24) making interbank payments and (or) money transfers for transactions using payment cards in the Republic of Kazakhstan;

     25) holding auctions by the National Bank of Kazakhstan in the framework of monetary policy implementation;

     26) issuance, use and repayment of electronic money, as well as requirements for issuers of electronic money and electronic money systems in the territory of the Republic of Kazakhstan;

     IZPI's note!      Paragraph 19 is provided to be supplemented with subparagraph 26-1) in accordance with the Decree of the President of the Republic of Kazakhstan dated 30.04.2026 No. 1251 (effective from 07/19/2026).

     27) issue, placement, circulation and repayment of short-term notes of the National Bank of Kazakhstan;

     28) opening, maintaining and closing of clients' bank accounts;

     29) opening, maintaining and closing bank accounts of legal entities in the National Bank of Kazakhstan;

     30) application of codes of economic sectors and purpose of payments;

     31) establishment of correspondent relations between the National Bank of Kazakhstan and banks, branches of non–resident banks of the Republic of Kazakhstan, as well as organizations engaged in certain types of banking operations;

     32) establishing correspondent relations between banks, banks, branches of non–resident banks of the Republic of Kazakhstan and organizations engaged in certain types of banking operations, as well as establishing correspondent relations with banks participating in the Astana International Financial Center;

     33) organization of activities of payment organizations;

     34) organization of the activities of the data exchange center for payment transactions with signs of fraud (anti-fraud center of the National Bank of Kazakhstan);

     35) the submission by the operator or the operational center of a systemically significant or significant payment system of information on payments and (or) money transfers, which determines the procedure for their submission, including forms, list, frequency and timing of their submission;

     36) making non-cash payments and (or) money transfers in the territory of the Republic of Kazakhstan;

     37) provision of electronic banking services by banks, branches of non–resident banks of the Republic of Kazakhstan and organizations engaged in certain types of banking operations;

     38) submission of information on payment services, which determines the procedure for their submission, including the forms, list, frequency and timing of their submission;

     39) maintaining a register of significant payment service providers;

     40) maintaining the register of payment systems;

     41) monitoring of currency transactions in the Republic of Kazakhstan;

     42) carrying out exchange operations with foreign currency in cash in the Republic of Kazakhstan;

     43) carrying out currency transactions in the Republic of Kazakhstan;

     44) monitoring of sources of supply and demand in the domestic foreign exchange market of the Republic of Kazakhstan;

     45) provision of information by branches (representative offices) of foreign non-financial organizations operating in the Republic of Kazakhstan;

     46) opening, maintaining and closing of metal accounts by banks and branches of non–resident banks of the Republic of Kazakhstan;

47) develops, forms and approves, in coordination with the authorized body in the field of state statistics, a statistical methodology in accordance with the procedure determined by the authorized body in the field of state statistics.;

     48) decides on financing the activities of the authorized body for regulation, control and supervision of the financial market and financial organizations;

     49) exercises other powers and functions attributed to the competence of the Board of the National Bank of Kazakhstan, provided for by the Law on the National Bank, other legislative acts of the Republic of Kazakhstan and acts of the President of the Republic of Kazakhstan.

     The Board of the National Bank of Kazakhstan has the right to consider and make a decision on any issue falling within the competence of the National Bank of Kazakhstan, as defined by the Law on the National Bank, other legislative acts of the Republic of Kazakhstan and these Regulations.

     Meetings of the Board of the National Bank of Kazakhstan are held as necessary in accordance with the work plan approved by the Chairman of the National Bank of Kazakhstan. Meetings of the Management Board are conducted by the Chairman of the National Bank of Kazakhstan, and in case of his absence – by the person replacing him.

     The working procedure of the Board of the National Bank of Kazakhstan is determined by its regulations.

     The footnote. Paragraph 19 as amended by Decree of the President of the Republic of Kazakhstan dated 30.04.2026 No. 1251 (see paragraph 3 for the introduction procedure).

     20. The Monetary Policy Committee of the National Bank of Kazakhstan is the decision-making body on monetary policy issues.

     Powers of the Monetary Policy Committee of the National Bank of Kazakhstan:

     1) sets the base rate;

     2) sets the remuneration rates for the main operations of monetary policy;

     3) makes decisions on other monetary policy issues that do not fall within the exclusive competence of the Board of the National Bank of Kazakhstan.

     The Monetary Policy Committee of the National Bank of Kazakhstan includes the Chairman of the National Bank of Kazakhstan, his deputies in charge of monetary policy, monetary operations, financial stability, heads of structural divisions of the National Bank of Kazakhstan, whose functions include monetary policy, monetary operations, financial stability, as well as other divisions The National Bank of Kazakhstan by decision of the Chairman of the National Bank of Kazakhstan.

     The Monetary Policy Committee of the National Bank of Kazakhstan may include persons who are not employees of the National Bank of Kazakhstan and who meet the requirements approved by the Board of the National Bank of Kazakhstan.

     The composition and working rules of the Monetary Policy Committee of the National Bank of Kazakhstan are approved by the Chairman of the National Bank of Kazakhstan.

     Meetings of the Monetary Policy Committee of the National Bank of Kazakhstan are chaired by the Chairman of the National Bank of Kazakhstan.

     Meetings of the Monetary Policy Committee of the National Bank of Kazakhstan are held as necessary, but at least once a quarter.

     The Monetary Policy Committee of the National Bank of Kazakhstan shall adopt resolutions on issues within its competence.

     21. The Board of Directors of the National Bank of Kazakhstan is the operational management body of the National Bank of Kazakhstan and makes decisions on matters under the jurisdiction of the National Bank of Kazakhstan, with the exception of matters falling within the competence of the Board, the Monetary Policy Committee and the Chairman of the National Bank of Kazakhstan (or his deputies).

     The Board of Directors includes the Chairman of the National Bank of Kazakhstan, his deputies, heads of structural divisions and other officials of the National Bank of Kazakhstan by decision of the Chairman of the National Bank of Kazakhstan. The composition of the Board of Directors of the National Bank of Kazakhstan is approved by the Chairman of the National Bank of Kazakhstan.

     Powers of the Board of Directors of the National Bank of Kazakhstan:

     1) approves the structure of the divisions of the central office of the National Bank of Kazakhstan, its branches and representative offices, as well as the charters of the organizations of the National Bank of Kazakhstan and the terms of remuneration of their employees;

     2) hears reports on the work done by departments of the central office, branches and representative offices of the National Bank of Kazakhstan, with the exception of reports from internal audit and security departments;

     3) decides on the establishment, reorganization, change of name and legal status, increase or decrease of the authorized capital, liquidation and alienation of organizations of the National Bank of Kazakhstan;

     4) decides on the opening and closing of branches and representative offices of the National Bank of Kazakhstan;

     5) if necessary, pre-examines the issues submitted to the Board of the National Bank of Kazakhstan for consideration.;

     6) for subsidiaries of the National Bank of Kazakhstan approves:

     the procedure for submitting financial statements, including the list, forms and deadlines;

     legal acts on accounting and financial reporting issues;

     standard accounting chart of accounts;

     the procedure for applying the unified accounting policy by subsidiaries of the National Bank of Kazakhstan;

     the procedure for the inventory of property of subsidiaries;

     other acts on issues related to transparency and reliability of financial reporting data of subsidiaries;

     7) carries out state regulation of the accounting and financial reporting system in the National Bank of Kazakhstan;

     8) defines the structure of the bank account number in the National Bank of Kazakhstan;

     9) coordinates or sets prices for goods (works, services) produced and sold by state-owned enterprises established by the National Bank of Kazakhstan;

     10) sets the value of the checkbook of the National Bank of Kazakhstan;

     11) approves:

     list of positions of technical employees of the National Bank of Kazakhstan;

     acts on monetary activities, internal activities of the National Bank of Kazakhstan, including those related to the use of property assigned to the National Bank of Kazakhstan, the preparation and use of the budget (cost estimates), the activities of legal entities for which it is the founder (authorized body) or shareholder, customer service, organization of cash circulation and cash-issue operations, ensuring the safety of valuables, working with documents within the framework of monitoring currency transactions and collecting statistical and administrative data for the purposes of generating balance of payments statistics, labor relations and relations directly related to labor and other issues not falling within the exclusive competence of the Board of the National Bank of Kazakhstan;

     the accounting procedure and preparation of separate and consolidated financial statements of the National Bank of Kazakhstan, including the standard chart of accounts of the National Bank of Kazakhstan, as well as the accounting procedure and preparation of financial statements of the National Fund of the Republic of Kazakhstan, including the standard chart of accounts of the National Fund of the Republic of Kazakhstan;

     acts on the management of the operational day of the National Bank of Kazakhstan for ensuring the functioning of payment systems, receiving and processing payment documents in payment systems operated by the National Bank of Kazakhstan, as well as the manufacture, accounting, storage and issuance of checkbooks;

     business plans, development plans of state-owned enterprises of the National Bank of Kazakhstan and reports on their implementation, as well as annual financial statements of state-owned enterprises of the National Bank of Kazakhstan, confirmed by an audit organization;

     discount rates (deductions and discount for quality) to the price of refined gold bullion purchased as part of the implementation of the state's priority right to purchase refined gold to replenish assets in precious metals;

     schedule of the operational day of the National Bank of Kazakhstan, types and amounts of fees for services provided by the National Bank of Kazakhstan;

     rules for the distribution of net income of state-owned enterprises established by the National Bank of Kazakhstan;

     rules on business planning of state-owned enterprises established by the National Bank of Kazakhstan;

     rules on official business trips of employees of the National Bank of Kazakhstan;

     the list of market assets accepted by the National Bank of Kazakhstan as collateral for the fulfillment of obligations under the loan of last resort, and discounts to them;

     the methodology for calculating and setting discounts to the value of non-market assets accepted by the National Bank of Kazakhstan as collateral to ensure the fulfillment of obligations under the loan of last resort;

     the order of interaction of the divisions of the National Bank of Kazakhstan in the provision of loans of last resort.

     The Board of Directors of the National Bank of Kazakhstan has the right to consider and make a decision on any other issue that does not fall within the exclusive competence of the Board and the Monetary Policy Committee of the National Bank of Kazakhstan.

     Meetings of the Board of Directors of the National Bank of Kazakhstan are held as necessary, but at least once a month. Meetings of the Board of Directors are conducted by the Chairman of the National Bank of Kazakhstan, and in case of his absence – by the person replacing him.

11) approves:

     list of positions of technical employees of the National Bank of Kazakhstan;

     acts on monetary activities, internal activities of the National Bank of Kazakhstan, including those related to the use of property assigned to the National Bank of Kazakhstan, the preparation and use of the budget (cost estimates), the activities of legal entities for which it is the founder (authorized body) or shareholder, customer service, organization of cash circulation and cash-issue operations, ensuring the safety of valuables, working with documents within the framework of monitoring currency transactions and collecting statistical and administrative data for the purposes of generating balance of payments statistics, labor relations and relations directly related to labor and other issues not falling within the exclusive competence of the Board of the National Bank of Kazakhstan;

     the accounting procedure and preparation of separate and consolidated financial statements of the National Bank of Kazakhstan, including the standard chart of accounts of the National Bank of Kazakhstan, as well as the accounting procedure and preparation of financial statements of the National Fund of the Republic of Kazakhstan, including the standard chart of accounts of the National Fund of the Republic of Kazakhstan;

     acts on the management of the operational day of the National Bank of Kazakhstan for ensuring the functioning of payment systems, receiving and processing payment documents in payment systems operated by the National Bank of Kazakhstan, as well as the manufacture, accounting, storage and issuance of checkbooks;

     business plans, development plans of state-owned enterprises of the National Bank of Kazakhstan and reports on their implementation, as well as annual financial statements of state-owned enterprises of the National Bank of Kazakhstan, confirmed by an audit organization;

     discount rates (deductions and discount for quality) to the price of refined gold bullion purchased as part of the implementation of the state's priority right to purchase refined gold to replenish assets in precious metals;

     schedule of the operational day of the National Bank of Kazakhstan, types and amounts of fees for services provided by the National Bank of Kazakhstan;

     rules for the distribution of net income of state-owned enterprises established by the National Bank of Kazakhstan;

     rules on business planning of state-owned enterprises established by the National Bank of Kazakhstan;

     rules on official business trips of employees of the National Bank of Kazakhstan;

     the list of market assets accepted by the National Bank of Kazakhstan as collateral for the fulfillment of obligations under the loan of last resort, and discounts to them;

     the methodology for calculating and setting discounts to the value of non-market assets accepted by the National Bank of Kazakhstan as collateral to ensure the fulfillment of obligations under the loan of last resort;

     the order of interaction of the divisions of the National Bank of Kazakhstan in the provision of loans of last resort.

     The Board of Directors of the National Bank of Kazakhstan has the right to consider and make a decision on any other issue that does not fall within the exclusive competence of the Board and the Monetary Policy Committee of the National Bank of Kazakhstan.

     Meetings of the Board of Directors of the National Bank of Kazakhstan are held as necessary, but at least once a month. Meetings of the Board of Directors are conducted by the Chairman of the National Bank of Kazakhstan, and in case of his absence – by the person replacing him.

     The Board of Directors shall adopt resolutions on matters falling within its competence. The working procedure of the Board of Directors is determined by its rules of procedure.

Chapter 4. Property of the National Bank of Kazakhstan

     22. The National Bank of Kazakhstan, on behalf of the Republic of Kazakhstan, independently exercises the rights of ownership, use and disposal of the property assigned to it, located on its balance sheet, in accordance with the procedure determined by the National Bank of Kazakhstan.

     23. The property assigned to the National Bank of Kazakhstan belongs to the republican ownership.

     24. The capital and reserves of the National Bank of Kazakhstan consist of authorized and reserve capital, revaluation accounts, provisions (reserves). The formation of authorized and reserve capital, revaluation accounts, provisions (reserves) is carried out in accordance with the Law on the National Bank.

Chapter 5. Reorganization and liquidation (abolition) The National Bank of Kazakhstan

     25. Reorganization and liquidation (abolition) The National Bank of Kazakhstan is carried out in accordance with the legislation of the Republic of Kazakhstan.

     26. The National Bank of Kazakhstan may be liquidated (abolished) by adopting the relevant law of the Republic of Kazakhstan. In case of liquidation (abolition) of the National Bank of Kazakhstan, its property passes to the legal successor specified in the relevant law of the Republic of Kazakhstan.

 

 

Approved by Decree of the President of the Republic of Kazakhstan on December 31, 2003 No. 1271

 

Structure of the National Bank of the Republic of Kazakhstan

     The footnote. Structure as amended by Decree of the President of the Republic of Kazakhstan dated 04/23/2019 No. 31; as amended by Decrees of the President of the Republic of Kazakhstan dated 10/06/2022 No. 1037; dated 08/15/2023 No. 305.

     1. Central office:

     1) Departments;

     2) Management

     2. Branches of the National Bank of the Republic of Kazakhstan:

     1) Central branch (Astana city);

     2) in cities of national importance – Almaty and Shymkent;

     3) in cities of regional significance of the Republic of Kazakhstan;

     4) the center of cash operations and storage of valuables in the city of Almaty

     3. Organizations of the National Bank of the Republic of Kazakhstan:

     1) Excluded by Decree of the President of the Republic of Kazakhstan dated 08/15/2023 No. 305.

     2) republican state enterprise on the right of economic management "Kazakhstan Mint of the National Bank of the Republic of Kazakhstan";

     3) the republican state enterprise on the right of economic management "Banknote Factory of the National Bank of the Republic of Kazakhstan"

     4. Representative offices of the National Bank of the Republic of Kazakhstan

 

 

Appendix to the Decree of the President of the Republic of Kazakhstan dated December 31, 2003 No. 1271

 

The list of some decrees of the President of the Republic of Kazakhstan declared invalid

     1. Decree of the President of the Republic of Kazakhstan dated August 11, 1999 No. 188 "On Approval of the Regulations and Structure of the National Bank of the Republic of Kazakhstan".

     2. Decree of the President of the Republic of Kazakhstan dated May 20, 2000 No. 400 "On Amendments and additions to Decree of the President of the Republic of Kazakhstan dated August 11, 1999 No. 188".

     3. Decree of the President of the Republic of Kazakhstan dated April 18, 2001 No. 587 "On Amendments and additions to Decree of the President of the Republic of Kazakhstan dated August 11, 1999 No. 188".

     4. Paragraph 4 of the Decree of the President of the Republic of Kazakhstan dated July 11, 2001 No. 654 "On measures to organize a unified system of state regulation of the financial market".

     5. Decree of the President of the Republic of Kazakhstan dated August 21, 2001 No. 668 "On Amendments and additions to Decree of the President of the Republic of Kazakhstan dated August 11, 1999 No. 188".

     6. Paragraph 3 of the Decree of the President of the Republic of Kazakhstan dated May 17, 2002 No. 872 "Issues of organization of the unified system of state regulation of the financial market of the Republic of Kazakhstan".

     7. Decree of the President of the Republic of Kazakhstan dated August 15, 2002 No. 924 "On Amendments and additions to Decree of the President of the Republic of Kazakhstan dated August 11, 1999 No. 188".

     8. Decree of the President of the Republic of Kazakhstan dated December 29, 2002 No. 1009 "On Amendments and additions to Decree of the President of the Republic of Kazakhstan dated August 11, 1999 No. 188".

 

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