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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

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 2004. "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 a," IMF Staff Country Reports 2004/268, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2004/268
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    Cited by:

    1. Inna Golodniuk, 2005. "Financial Systems and Financial Reforms in CIS Countries," CASE Network Studies and Analyses 0306, CASE-Center for Social and Economic Research.

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