FSA Imposes Sanctions on 4 Companies
OREANDA-NEWS. February 15, 2010. The Agency of the Republic of Kazakhstan on regulation and supervision of financial market and financial organizations (FSA) released a statement at http://www.afn.kz, reported the press-centre of KASE:
FSA imposed sanctions on APF AMANAT Kazakhstan, APF Ular Umit, Eximbank Kazakhstan and Central Asian Fuel and Energy Company in accordance with requirements set in sub-item 3) of item 2 of article 47-1 of the Law on banks, sub- item 2) of item 2 of article 42-7 of the Law on pension provisions, after the conglomerate of Eximbank Kazakhstan and Central Asian Fuel and Energy Company had shown signs of financial instability.
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