Resolution of the Board of the National Bank of the Republic of Kazakhstan dated November 28, 2019 No. 224 on Approval of the List, Forms, Deadlines for Submission of Reports on Compliance with Prudential Standards and Other Mandatory Norms and Limits by Microfinance Organizations and Rules for Their Submission

Registered in the Ministry of Justice of the Republic of Kazakhstan on December 3, 2019 under No. 19671

REPUBLICAN STATE INSTITUTION
"NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN"		REPUBLICAN STATE INSTITUTION "NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN"
RESOLUTION OF THE BOARD		RESOLUTION OF THE BOARD
---	---	---
November 28, 2019
Almaty city		No. 224
Almaty city

On approval of the list, forms, deadlines for submission of reports on compliance with prudential standards and other mandatory norms and limits by an organization carrying out microfinance activities, and Rules for their submission

In accordance with the Laws of the Republic of Kazakhstan of March 30, 1995 "On the National Bank of the Republic of Kazakhstan", of March 19, 2010 "On State Statistics" and of November 26, 2012 "On Microfinance Activities", the Board of the National Bank of the Republic of Kazakhstan RESOLVES:

1. Approve:

1. The list of reports on compliance with prudential standards and other mandatory norms and limits of an organization carrying out microfinance activities, according to Appendix 1 to this Resolution;

2. The report form on compliance with prudential standards and other mandatory norms and limits according to Appendix 2 to this Resolution;

3. The report form on the breakdown of the maximum risk size for one borrower according to Appendix 3 to this Resolution;

4. The report form on charter and own capital, as well as on the leverage coefficient according to Appendix 4 to this Resolution;

5. The Rules for submission of reports on compliance with prudential standards and other mandatory norms and limits by an organization carrying out microfinance activities, according to Appendix 5 to this Resolution.

2. The Department of Financial Market Statistics shall ensure, in the manner established by the legislation of the Republic of Kazakhstan:

1. together with the Legal Department, the state registration of this Resolution in the Ministry of Justice of the Republic of Kazakhstan;

2. placement of this Resolution on the official Internet resource of the National Bank of the Republic of Kazakhstan after its official publication;

3. within ten working days after the state registration of this Resolution, submission to the Legal Department of information on the implementation of measures provided for in subparagraph 2) of this paragraph and paragraph 3 of this Resolution.

3. The Department of External Communications – Press Service of the National Bank of the Republic of Kazakhstan shall ensure, within ten calendar days after the state registration of this Resolution, sending a copy of it for official publication in periodical print media.

4. Control over the implementation of this Resolution shall be entrusted to the Deputy Chairman of the National Bank of the Republic of Kazakhstan M.E. Abylkasymova.

5. This Resolution enters into force on January 1, 2020 and is subject to official publication.

Chairman

of the National Bank E. Dosayev

"AGREED"

Committee on Statistics

of the Ministry of National Economy

of the Republic of Kazakhstan

"___" ______ 2019

Appendix 1

to the Resolution of the Board

of the National Bank

of the Republic of Kazakhstan

of "28" November 2019 No. 224

List of reports on compliance with prudential standards and other mandatory norms and limits of an organization carrying out microfinance activities

Reports on compliance with prudential standards and other mandatory norms and limits of an organization carrying out microfinance activities include:

1. a report on compliance with prudential standards and other mandatory norms and limits according to Appendix 2 to this Resolution;

2. a report on the breakdown of the maximum risk size for one borrower according to Appendix 3 to this Resolution;

3. a report on charter and own capital, as well as on the leverage coefficient according to Appendix 4 to this Resolution.

Appendix 2

to the Resolution of the Board

of the National Bank

of the Republic of Kazakhstan

of "28" November 2019 No. 224

Form intended for the collection of administrative data

Submitted to: the territorial branch of the National Bank of the Republic of Kazakhstan

The administrative data form is posted on the Internet resource: www.nationalbank.kz

Report on compliance with prudential standards and other mandatory norms and limits

Administrative data form index: PN-1

Frequency: quarterly

Reporting period: as of ______ 20__ year

Entities submitting: microfinance organization

Submission deadline: quarterly, no later than the 20th (twentieth) day of the month following the reporting quarter.

Form

(in thousands of tenge)

No.	Name of items	Amount
1	2	3
1	Paid-up charter capital
2	Additional capital
3	Undistributed net profit (loss) of previous years
4	Funds, reserves formed from net income of previous years
5	Undistributed net profit (loss) of the reporting period
6	Revaluation of fixed assets
7	Subordinated debt in the form of an unsecured obligation of a microfinance organization to legal entities-residents and non-residents of the Republic of Kazakhstan (excluding legal entities registered in the territory of states referred to by the Organization for Economic Cooperation and Development to the list of offshore territories that have not accepted obligations on information exchange)
8	Intangible assets, except for licensed software acquired for the purposes of the main activity of a microfinance organization
9	Investments in shares or participation interests in charter capitals of legal entities
10	Calculated own capital of a microfinance organization
11	Assets of the balance sheet of a microfinance organization
12	Unsecured consumer microloans
13	Provisions (reserves) formed in accordance with the Rules for carrying out classification of assets and contingent liabilities for provided microloans, classification of assets for provided microloans as doubtful and bad, as well as creation of provisions (reserves) against them, approved by the Resolution of the Board of the National Bank of the Republic of Kazakhstan of March 27, 2018 No. 62, registered in the Registry of state registration of normative legal acts under No. 16858 (for calculating k1)
14	Capital adequacy coefficient k1
15	Total indebtedness of one borrower to a microfinance organization (including written off from the balance sheet of a microfinance organization)
16	Amount of actually created provisions for issued microloans (for calculating k2)
17	Collateral of the borrower in the form of refined precious metals corresponding to international quality standards accepted by the London Bullion Market Association (London billion market association) and designated in the documents of this association as the "London good delivery" standard
18	Collateral of the borrower in the form of guarantees of banks having a long-term debt rating of not lower than "A" by Standard & Poor's agency or a rating of a similar level by one of other rating agencies
19	Maximum risk size coefficient for one borrower k2
20	Total liabilities of a microfinance organization
21	Leverage coefficient k3

Name______ Address______

Phone ______

Email address ______

Executor______ ______ surname, first name and patronymic (if any) phone

Chief Accountant or person authorized to sign the report

______ ______ surname, first name and patronymic (if any) signature, phone

First Head or person authorized by him to sign the report

______ ______ surname, first name and patronymic (if any) signature, phone

Date "____" ______ 20__ year

Appendix

to the report form on compliance

with prudential standards and

other mandatory

norms and limits

Explanation on filling out the administrative data form

Report on compliance with prudential standards and other mandatory norms and limits

(index – PN-1, frequency – quarterly)

Chapter 1. General Provisions

1. This Explanation (hereinafter - Explanation) defines uniform requirements for filling out the form intended for the collection of administrative data "Report on compliance with prudential standards and other mandatory norms and limits" (hereinafter - Form).

2. The Form is developed in accordance with subparagraph 18-1) of Article 8 of the Law of the Republic of Kazakhstan of March 30, 1995 "On the National Bank of the Republic of Kazakhstan" and subparagraph 1) of part two of Article 27 of the Law of the Republic of Kazakhstan of November 26, 2012 "On Microfinance Activities".

3. The Form is filled out quarterly by a microfinance organization. Data in the Form is filled out in thousands of tenge. An amount less than 500 (five hundred) tenge is rounded to 0 (zero), and an amount equal to 500 (five hundred) tenge and above is rounded to 1000 (one thousand) tenge.

4. The Form is signed by the first head, chief accountant or persons authorized to sign the report, and the executor.

Chapter 2. Explanation on filling out the Form

5. In lines 15, 16, 17, 18 and 19 of the Form, information on the borrower with the maximum total indebtedness to the microfinance organization is indicated.

6. In lines 14, 19 and 21 of the Form, values with three decimal places are indicated.

Appendix 3

to the Resolution of the Board

of the National Bank

of the Republic of Kazakhstan

of "28" November 2019 No. 224

Form intended for the collection of administrative data

Submitted to: the territorial branch of the National Bank of the Republic of Kazakhstan

The administrative data form is posted on the Internet resource: www.nationalbank.kz

Report on the breakdown of the maximum risk size for one borrower

Administrative data form index: R_MRZ

Frequency: quarterly

Reporting period: as of ______ 20__ year

Entities submitting: microfinance organization

Submission deadline: quarterly, no later than the 20th (twentieth) day of the month following the reporting quarter

Form

(in thousands of tenge)

No.	Name of borrower	Individual identification number, business identification number	Amount of claims on loan (microloan)
Principal debt	Accrued reward	Penalty (fines and penalties) in case of compliance with asset recognition criteria	Discount (premium)
1	2	3	4	5	6	7
Total:

continuation of the table:

		Collateral
Total amount of actually created provisions	Book value	refined precious metals corresponding to international quality standards accepted by the London Bullion Market Association (London billion market association) and designated in the documents of this association as the "London good delivery" standard	guarantees of banks having a long-term debt rating of not lower than "A" by Standard & Poor's rating agency or a rating of a similar level by one of other rating agencies
8	9	10	11

continuation of the table:

Write-offs from the balance sheet in the reporting period on loan (microloan)			Amount of claims on accounts receivable			Total indebtedness of one borrower to a microfinance organization (including written off from the balance sheet of a microfinance organization)
Principal debt	Accrued reward	Penalty (fines and penalties) in case of compliance with asset recognition criteria	Accounts receivable	Total amount of actually created provisions	Book value
12	13	14	15	16	17	18

Name______ Address______

Phone ______

Email address ______

Executor______ ______ surname, first name and patronymic (if any) phone

Chief Accountant or person authorized to sign the report

______ ______ surname, first name and patronymic (if any) signature, phone

First Head or person authorized by him to sign the report

______ ______ surname, first name and patronymic (if any) signature, phone

Date "____" ______ 20__ year

Appendix

to report form on the breakdown

of the maximum risk size

for one borrower

Explanation on filling out the administrative data form

Report on the breakdown of the maximum risk size for one borrower

(index – R_MRZ, frequency – quarterly)

Chapter 1. General Provisions

1. This Explanation (hereinafter - Explanation) defines uniform requirements for filling out the form intended for the collection of administrative data "Report on the breakdown of the maximum risk size for one borrower" (hereinafter - Form).

2. The Form is developed in accordance with subparagraph 18-1) of Article 8 of the Law of the Republic of Kazakhstan of March 30, 1995 "On the National Bank of the Republic of Kazakhstan" and subparagraph 1) of part two of Article 27 of the Law of the Republic of Kazakhstan of November 26, 2012 "On Microfinance Activities".

3. The Form is filled out quarterly by a microfinance organization. Data in the Form is filled out in thousands of tenge. An amount less than 500 (five hundred) tenge is rounded to 0 (zero), and an amount equal to 500 (five hundred) tenge and above is rounded to 1000 (one thousand) tenge.

4. The Form is signed by the first head, chief accountant or persons authorized to sign the report, and the executor.

Chapter 2. Explanation on filling out the Form

5. The Form reflects data of the microfinance organization for one borrower who, as of the reporting date, has the maximum total indebtedness compared to other borrowers.

6. If as of the reporting date the maximum total indebtedness is the same for several borrowers, then data is reflected in the Form for only one (any) of these borrowers.

7. When filling out the Form, information calculated in accordance with prudential standards and other mandatory norms and limits for an organization carrying out microfinance activities, the methodology for their calculation, approved by a normative legal act of the authorized body for regulation, control and supervision of the financial market and financial organizations in accordance with subparagraph 3) of Article 27 of the Law of the Republic of Kazakhstan of November 26, 2012 "On Microfinance Activities" is indicated.

8. In columns 5 and 13 of the Form, the amount of accrued but not repaid (not received) reward is indicated.

Appendix 4

to the Resolution of the Board

of the National Bank

of the Republic of Kazakhstan

of "28" November 2019 No. 224

Form intended for the collection of administrative data

Submitted to: the territorial branch of the National Bank of the Republic of Kazakhstan

The administrative data form is posted on the Internet resource: www.nationalbank.kz

Report on charter and own capital, as well as on the leverage coefficient

Administrative data form index: USK-K3

Frequency: quarterly

Reporting period: as of ______ 20__ year

Entities submitting: credit union, pawnshop

Submission deadline: quarterly, no later than the 25th (twenty-fifth) day of the month following the reporting quarter

Form

(in thousands of tenge)

No.	Name of items	Amount
1	2	3
1	Paid-up charter capital
2	Additional capital
3	Undistributed net profit (loss) of previous years
4	Funds, reserves formed from net income of previous years
5	Undistributed net profit (loss) of the reporting period
6	Revaluation of fixed assets
7	Subordinated debt in the form of an unsecured obligation to legal entities-residents and non-residents of the Republic of Kazakhstan (excluding legal entities registered in the territory of states referred to by the Organization for Economic Cooperation and Development to the list of offshore territories that have not accepted obligations on information exchange)
8	Intangible assets, except for licensed software acquired for the purposes of the main activity
9	Investments in shares or participation interests in charter capitals of legal entities
10	Calculated own capital
11	Total liabilities
12	Liabilities of a credit union to national holding companies and subsidiary organizations of a national holding company in the agro-industrial complex
13	Leverage coefficient k3

Name______ Address______

Phone ______

Email address ______

Executor______ ______ surname, first name and patronymic (if any) phone

Chief Accountant or person authorized to sign the report

______ ______ surname, first name and patronymic (if any) signature, phone

First Head or person authorized by him to sign the report

______ ______ surname, first name and patronymic (if any) signature, phone

Date "____" ______ 20__ year

Appendix

to the report form on charter

and own capital,

as well as on the leverage coefficient

Explanation on filling out the administrative data form

Report on charter and own capital, as well as on the leverage coefficient

(index – USK-K3, frequency – quarterly)

Chapter 1. General Provisions

1. This Explanation (hereinafter - Explanation) defines uniform requirements for filling out the form intended for the collection of administrative data "Report on charter and own capital, as well as on the leverage coefficient" (hereinafter - Form).

2. The Form is developed in accordance with subparagraph 18-1) of Article 8 of the Law of the Republic of Kazakhstan of March 30, 1995 "On the National Bank of the Republic of Kazakhstan" and subparagraph 1) of part two of Article 27 of the Law of the Republic of Kazakhstan of November 26, 2012 "On Microfinance Activities".

3. The Form is filled out quarterly by a credit union and a pawnshop. Data in the Form is filled out in thousands of tenge. An amount less than 500 (five hundred) tenge is rounded to 0 (zero), and an amount equal to 500 (five hundred) tenge and above is rounded to 1000 (one thousand) tenge.

4. The Form is signed by the first head, chief accountant or persons authorized to sign the report, and the executor.

Chapter 2. Explanation on filling out the Form

5. Data for line 12 of the Form is filled out only by credit unions.

6. In line 13 of the Form, a value with three decimal places is indicated.

Appendix 5

to the Resolution of the Board

of the National Bank

of the Republic of Kazakhstan

of "28" November 2019 No. 224

Rules for submission of reports on compliance with prudential standards and other mandatory norms and limits of an organization carrying out microfinance activities

1. These Rules for submission of reports on compliance with prudential standards and other mandatory norms and limits of an organization carrying out microfinance activities are developed in accordance with Law of the Republic of Kazakhstan of November 26, 2012 "On Microfinance Activities" and define the procedure for submission of reports on compliance with prudential standards and other mandatory norms and limits by an organization carrying out microfinance activities to the territorial branch of the National Bank of the Republic of Kazakhstan at its location (hereinafter - branch of the authorized body).

2. A microfinance organization quarterly, no later than the 20th (twentieth) day of the month following the reporting quarter, submits to the branch of the authorized body in electronic format the reports provided for in subparagraphs 2) and 3) of paragraph 1 of this Resolution.

3. A credit union, pawnshop quarterly, no later than the 25th (twenty-fifth) day of the month following the reporting quarter, submits to the branch of the authorized body in electronic format the report provided for in subparagraph 4) of paragraph 1 of this Resolution.

4. Data in the reports is indicated in the national currency of the Republic of Kazakhstan - tenge.

5. Reports on paper medium as of the reporting date are signed by the first head, chief accountant or persons authorized to sign the reports, and the executor and are stored in the organization carrying out microfinance activities.

6. Identity of data of the organization carrying out microfinance activities submitted in electronic format to data on paper medium is ensured by the first head, chief accountant or persons authorized to sign the reports.