Regulatory Alerts2021-06-07 | https://aifc.kz/legal-framework/manual-for-preparation-of-returns-for-insurance-and-reinsurance-firms/Manual for Preparation of Returns for Insurance and Reinsurance Firms
The Astana Financial Services Authority issued this manual to establish reporting templates and guidance for the financial, prudential, and conduct performance of authorized insurance firms. It mandates the submission of specific returns, including balance sheets, income statements, and capital requirement calculations, via official electronic channels within defined quarterly, biannual, and annual deadlines. The document further requires firms to notify the regulator of any prudential breaches and submit significant shareholder reports to ensure compliance with AIFC rules.
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