Compliance Service and Anti-Bribery and Corruption Policy
Dear clients and partners of Export Insurance Company KazakhExport JSC,
Welcome to the official page of the Compliance Service of EIC "KazakhExport" JSC.
In order to apply the best corporate governance practices, our Company has implemented and is implementing the compliance control function aimed to manage compliance risks, namely the risks of expenses (losses) arising from the Company's failure to comply with the requirements of the Legislation of the Republic of Kazakhstan, including regulatory legal acts of the authorized body, as well as internal rules and procedures of the Company.
Implementation of the compliance function is assigned to the Compliance Service, consisting of the Head and Chief Compliance Controller, who are responsible for internal control over compliance of the Company's activities with the requirements of the Legislation of the Republic of Kazakhstan, as well as internal rules and procedures of the Company.
The Compliance Service is also responsible for the organization and operation of the Anti-Corruption and Fraud Management System.
According to the Ministry of Internal Affairs of the Republic of Kazakhstan, in May 2022, the number of Internet frauds in Kazakhstan increased by almost 8 times (8240 criminal offenses) compared to January 2022 (1179 criminal offenses). The most common fraudulent schemes on the Web, in particular in social networks, where attackers, under various pretexts, try to obtain personal and payment data of citizens in order to debit funds from their bank accounts and issue fictitious loans. In this regard, we recommend that our clients get acquainted with the educational media portal on financial literacy by clicking on this link Fingramota.kz in the section “Beware of scammers”.
Internal analysis of corruption risks
Criminal offenses of a corruption nature are investigated by the bodies of the Anti-Corruption Agency of the Republic of Kazakhstan (Anti-Corruption Service).
If you have encountered cases of corruption, you can call the 1424 Call Center of the Anti-Corruption Agency of the Republic of Kazakhstan or contact its territorial divisions; see the list of divisions on the website www.gov.kz
You can send requests about the facts of economic crimes and fraud that have become known to you to the Economic Investigation Service of the Financial Monitoring Committee of the Ministry of Finance of the Republic of Kazakhstan, whose contact details are listed on the website www.kfm.gov.kz, as well as to the territorial bodies of the Ministry of Internal Affairs. Here you can also find information from the Agency of the Republic of Kazakhstan for Regulation and Development of Financial Market about the risks of fraudulent schemes in the financial market and recommendations for their prevention.