The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan has announced the development of a draft Board resolution to amend and supplement its existing rules on calculating amounts and administering insurance payments under education savings insurance contracts. The draft is positioned as part of the rollout of the Keleshek unified voluntary accumulation system and a broader effort to refine the legal framework for the State Educational Savings System. The proposed changes уточнять the calculation and payment rules for insurance benefits under education savings insurance contracts, specifically in relation to how the initial education capital provided by the state is calculated. The full text of the draft is available on the Open NPA online portal.
Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan 2025-02-04
Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan drafts amendments to education savings insurance payment rules tied to state initial education capital
The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan is developing a draft Board resolution to amend rules on calculating and administering insurance payments under education savings insurance contracts. This initiative is part of the Keleshek unified voluntary accumulation system and aims to refine the legal framework for the State Educational Savings System.