Analysis of Compliance Services in Banks of the Republic of Kazakhstan in Current Situation
DOI:
https://doi.org/10.18502/kss.v3i2.1520Abstract
The article highlights and describes the specifics of compliance in regulated banks of the Republic of Kazakhstan. Comparison of economic indicators, regulatory documentation, violations and sanctions for internal control, as well as a survey of the studied banks were conducted. Particular attention is paid to problematic issues in compliance control activities and recommendations for improving the AML/CFT system.
Keywords: banks, Republic of Kazakhstan, AML/CFT system, compliance service
References
The official website of Kazkommertsbank www.kkb.kz
The official website of Bank CenterCredit www.bcc.kz
The official site of the Halyk Bank of Kazakhstan www.halykbank.kz
The official website of ATF Bank www.atfbank.kz
Official website of ForteBank www.fortebank.com
The official site of the SB KZIBank www.kzibank.com
The international rating agency Fitch Ratings www.fitchratings.com
The international rating agency Moody’s Investors Service https://www.moodys.com
The international rating agency Standard & Poor’s http://www.standardandpoors. com
The official website of the National Bank of the Republic of Kazakhstan http://www.nationalbank.kz
