Republic of Kazakhstan: Financial System Stability Assessment-Update including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision and Anti-Money Laundering and Combating the Financing of Terrorism
August 18, 2004
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This paper presents an update on Kazakhstan’s Financial System Stability Assessment including Reports on the Observance of Standards and Codes on Banking Supervision and Anti-Money Laundering and Combating the Financing of Terrorism. Kazakhstan has made impressive improvements in its financial sector legislation, and has revamped its institutional structure for financial sector oversight. The financial sector, which is dominated by banks, has been one of the fastest-growing sectors of the economy. This has been facilitated by a favorable macroeconomic environment helped by a cautious fiscal stance and increasing oil revenue.
Subject: Banking, Commercial banks, Expenditure, Financial institutions, Financial sector policy and analysis, Financial stability assessment, Insurance companies, Loans, Pension spending
Keywords: bank, capital adequacy ratio, capital market, central bank, Commercial banks, CR, credit risk, debt market, exchange rate risk, Financial stability assessment, foreign currency, FSA capital market, FSA law, Insurance companies, ISCR, loan, Loans, Pension spending
Pages:
40
Volume:
2004
DOI:
Issue:
268
Series:
Country Report No. 2004/268
Stock No:
1KAZEA0012004
ISBN:
9781451820843
ISSN:
1934-7685
