YOUNG SCHOLAR’S TRIBUNE

Some problems of compiling the register of affiliates of a joint stock company

Abstract

The article deals with the problematic issues faced by joint stock companies (JSC / company) of the Republic of Kazakhstan in the formation of the register of affiliates. The author draws attention to the narrowness of signs of affiliation and their inconsistency with international standards of related parties. Based on scientific and practical studies of the stages of formation and development of national legislation on affiliated parties, the author offers recommendations to improve the legislation on the issue in question. In particular, it is proposed to make some additions to the JSC Law, such as: expansion of signs of affiliation, introduction of the concept of "related parties", granting the functions of formation and maintenance of registers of related parties and affiliated persons, increasing his responsibility and granting powers of an official of a JSC to the corporate secretary of the company.