InfoHub Logo

Kazakhstan has introduced significant changes to how notaries issue executive orders، enhancing protections for citizens. Under the new regulations، individuals' bank accounts cannot be frozen، nor can they be prevented from leaving the country، without their explicit consent or acknowledgment of the debt.

Strengthening Citizen Rights

Parliamentary amendments passed in the Mazhilis (lower house of Parliament) now mandate that notaries must obtain a debtor's written acknowledgment of their obligation before issuing an executive order. This move aims to provide additional guarantees for citizens' rights.

Previous Practices

Previously، notaries could issue executive orders based on requests from financial institutions like banks، microfinance organizations، or pawnshops. This allowed for account freezes or travel bans to be imposed on debtors without requiring them to acknowledge their debt.

New Requirement: Debtor Acknowledgment

The revised procedure requires the party seeking to collect a debt to present the debtor's written confirmation of the obligation. This new rule significantly limits the possibility of forced debt collection without informing the debtor or obtaining their agreement.

Addressing Past Concerns

This issue had previously been raised by Mazhilis deputy Murat Abenov. He highlighted that many Kazakh citizens faced frozen bank accounts and travel bans due to debts owed to banks and microfinance organizations، often without prior notification. Abenov had advocated for restricting notaries' authority to make such decisions without involving the courts.

بۇل تۋرالى Infohub.kz اقپارات اگەنتتىگى حابارلايدى.