FSA
Tengri Finance broker-dealer license revoked
(SRI) - Kazakhstan’s Financial Supervision Agency (FSA) revoked the license of Tengri Finance “for violations of the securities law”, the agency’s press service reported.
Kazakhstan to tighten banking regulation
(SRI) - Kazakhstan should impose limits on banks’ profit margins to avoid “excessive incomes” that helped trigger a financial crisis and restrict their exposure to industrial, construction and insurance assets, Kazakh President Nursultan Nazarbayev told a government meeting on Monday.
Kazakhstan plans tighter regulation of financial sector
(bne) - Elena Bakhmutova, chairwoman of Kazakhstan’s Financial Supervision Agency, the AFN, discusses plans to strengthen regulation of the banking sector and their expected impact on the industry.
Kazakhstan considering merging functions of central bank and financial regulator
(SRI) - Kazakhstan could combine the National Bank of Kazakhstan and the Financial Supervision Agency (FSA) into one ueber-regulator as part of planned post-crisis reforms, Samruk-Kazyna chairman Kairat Kelimbetov said in a newspaper interview last Thursday.
FSA approves Alliance Bank restructuring
(SRI) - As expected, the Financial Supervision Agency (FSA) has approved the debt restructuring agreement between Alliance Bank and its creditors, the financial regulator said in a press release on Tuesday.
Financial regulator orders dismissal of Eurasian Bank CEO
(SRI) - Kazakhstan’s Financial Supervision Agency (FSA) ordered the dismissal of Eurasian Bank’s chief executive Zhomart Yertayev and deputy chief executive Alexey Ageyev in connection with their activities as former top managers of Alliance Bank.
Financial watchdog warns banks over excessive deposit rates
(SRI) - The Financial Supervision Agency (FSA), Kazakhstan’s financial regulator, has warned the country’s banks against offering excessively high rates on deposits saying they created new risks.
Kazakh regulator suspends Astana Finance licenses
(SRI) - Kazakhstan’s Financial Supervision Agency (FSA) suspended several licenses issued to Astana Finance, a large domestic lender which had announced plans to restructure its debt in May.
Kazakhstan will not provide state guarantees for bank debt restructuring
(SRI) - Kazakhstan will not provide any state guarantees to assist bank debt restructuring, the head of the Kazakh Financial Supervision Agency (FSA) said on Tuesday, adding the amount the state is providing has been announced and it is definite.
Nazarbayev suggests bank debt restructuring may be necessary
(SRI) - Kazakhstan’s President Nursultan Nazarbayev indicated that a restructuring of foreign debt issued by the country’s commercial banks is in the cards, the Financial Supervision Agency (FSA), the Kazakh financial watchdog, said on Friday.
