The regulator has prepared amendments to financial monitoring rules.
The ARDFM’s banking regulation department identified violations in the internal controls of Kazakhstan’s largest bank.
The regulator’s head, Timur Suleimenov, confirmed there will be no exceptions for anyone, but the question of fines for missing the deadline remains open..
The Kazakhstani bank has added a feature to its mobile app for scanning Asian payment terminals..
The UAE investor has established a universal bank, capitalized it with 20 billion tenge, and plans to develop Islamic financing.
ARDFM and the National Bank have drafted bank crisis resolution rules. The payment to a single treasury account could reach up to 0.2% of a financial institution’s liabilities.
In four months of operation, the ombudsman received 1,500 complaints against MFIs—the institution is working, but clients need help with filing.
The Kazakhstani payment service lowered transaction limits to 3 MCI starting March 19 due to changes in the law