The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan reported on a delegation visit to Japan led by Chair Madina Abylkassymova, including meetings with Japan Financial Services Agency (JFSA) head Yutaka Ito and Securities and Exchange Surveillance Commission (SESC) member Takashi Hashimoto. Discussions focused on closer alignment of regulatory approaches to support cross-border investment and on integrating advanced tools and technologies into the financial ecosystem. In the context of Kazakhstan’s stock market development programme to 2030 and the drafting of a new securities market law, the parties highlighted the value of technical support and expert exchange drawing on Japan’s experience in capital market reform. The regulators also expressed readiness to sign a memorandum of understanding to enable information exchange, consultations on financial stability, and cooperation on financial regulation and supervision, consumer protection, and adoption of international best practices. With SESC, the dialogue covered stronger monitoring of market operations using digital technologies and data analytics, and improving corporate reporting transparency and the quality of disclosure. The authorities indicated they are prepared to proceed to signing the memorandum of understanding.

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