The Eurasian Group has published the first progress report on Kazakhstan under regular follow-up with revised technical compliance ratings, following completion of the FATF quality and consistency review. Approved by the Eurasian Group plenary in May 2026, the report concludes that Kazakhstan has made enough progress since its June 2023 mutual evaluation to raise its ratings on FATF Recommendations 6, 7, 24 and 26 to largely compliant. The rating on Recommendation 28 remains partially compliant. The report assesses legislative and institutional changes made during 2023-2025 to strengthen Kazakhstan’s anti-money laundering, counterterrorist financing and counter-proliferation financing framework. In the areas detailed in the report, Kazakhstan extended asset-freezing and asset-provision prohibitions under targeted financial sanctions to all natural and legal persons, not only financial institutions and designated non-financial businesses and professions, introduced a direct ban on shell banks, broadened fit-and-proper requirements in parts of the financial sector, and added elements of risk-based supervision. The review found that the basis for changing the Recommendation 28 rating was still insufficient. Kazakhstan now holds compliant or largely compliant ratings on 37 of 40 FATF recommendations. Kazakhstan will remain under regular follow-up, taking into account the technical compliance and effectiveness ratings assigned in its mutual evaluation.
Eurasian Group (EAG)2026-06-29
Eurasian Group publishes Kazakhstan progress report, upgrades four FATF technical compliance ratings to largely compliant
The Eurasian Group published the first progress report on Kazakhstan under regular follow-up and upgraded the country’s ratings on FATF Recommendations 6, 7, 24 and 26 to largely compliant. Recommendation 28 remains partially compliant. Kazakhstan stays under regular follow-up and now has compliant or largely compliant ratings on 37 of 40 FATF recommendations.