The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan participated in Kazakhstan Capital Markets Day in London, co-hosted with the Kazakhstan Stock Exchange (KASE) and the National Bank of the Republic of Kazakhstan, to brief foreign investors on domestic capital market developments and policy priorities. In remarks by Securities Market Department Director Aydin Dauletbak, equity market capitalisation was reported to have increased 22% since the start of the year to USD 73bn, representing 28% of GDP, while outstanding corporate bonds totalled USD 26bn. Over the first nine months of 2025, companies raised USD 15.7m through the stock market, and more than 4.6m retail and corporate accounts have been opened, linked to higher financial literacy, wider use of digital tools and new IPOs. The Agency also outlined joint work with the National Bank to develop a clearer legal framework for digital financial assets, with digital instruments to be regulated under prudential standards similar to traditional securities. It further flagged development of a new law on the securities market aimed at consolidating securities-market, Islamic finance and digital-asset legislation into a single coherent legal system.
Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan 2025-11-12
Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan signals new securities market law and digital asset rulebook at London investor event
The Agency for Regulation and Development of the Financial Market of Kazakhstan, the Kazakhstan Stock Exchange, and the National Bank briefed foreign investors in London on capital market developments. Equity market capitalisation rose 22% to USD 73bn, and corporate bonds totalled USD 26bn. The Agency is working with the National Bank to establish a legal framework for digital financial assets and consolidate securities, Islamic finance, and digital-asset legislation.