The Astana Financial Services Authority (AFSA) and the Financial Monitoring Agency of the Republic of Kazakhstan held a Compliance Council meeting and agreed to develop joint measures to strengthen the national anti-money laundering framework and reduce money laundering and terrorist financing risks, including within the Astana International Financial Centre. The agenda covered risk-management approaches for emerging financial technologies and digital assets, further strengthening supporting infrastructure in the AIFC, and implementing priority actions aimed at improving Kazakhstan’s rating under Financial Action Task Force Recommendation 15. The authorities also emphasised enhancing internal monitoring mechanisms, including improving customer due diligence and the identification of beneficial owners.
Astana Financial Services Authority 2025-09-26
Kazakhstan's Astana Financial Services Authority and Financial Monitoring Agency agree closer cooperation to strengthen AML controls for fintech and digital assets
The Astana Financial Services Authority and Kazakhstan's Financial Monitoring Agency agreed to enhance the national anti-money laundering framework and mitigate related risks. The agenda included managing risks for emerging financial technologies and digital assets, strengthening infrastructure in the Astana International Financial Centre, and improving Kazakhstan’s Financial Action Task Force rating. Emphasis was placed on enhanced internal monitoring, customer due diligence, and beneficial owner identification.