Parliament of Kazakhstan has accepted the law toughening bank secrecy

/IRBIS, March 16, 00/ - REUTERS informs about a new law toughening bank secrecy, which was offered by the conciliatory commission and accepted by Parliament of Kazakhstan. According to the deputy of Parliament Remis Madinov, the commission after considering offers of the Government, deputies and the National Bank, has developed a version, which, in his opinion, looks as the most progressive. Madinov has told that the commission has found reasonable to keep only one basis for the legal persons' accounts arrest, while under the present legislation the republican fiscal bodies have six reasons to arrest the accounts. Madinov has told that the unique basis for accounts arrest under the new law is delay in the income tax declaration. At it the ten-day delay is addmitted. As the basis to accounts arrest the fiscal bodies can use the writing information of Office of Public Prosecutor. "Only the legal persons' accounts can be arrested, whereas earlier it was possible concerning the citizens, which execute commercial activity without the legal address opening", - has told Bolat Takenov, the Head of the conciliatory commission. The public revenues minister Zejnulla Kakimzhanov has stated that more correct would be do not constrict the fiscal bodies' authorities, but to make more precise regulation. The toughening of bank secrecy should increase trust of the population and companies to the banking system. It has required changes in 14 laws. At the instance of bankers the president of country Nursultan Nazarbaev has announced the law as "urgent". Now the Rule should be signed by the President then it enters into force.