KnE Social Sciences

Published date: Feb 15 2018

Journal Title: KnE Social Sciences

Issue title: III Network AML/CFT Institute International Scientific and Research Conference "FinTech and RegTech"

Pages: 22-30

DOI: 10.18502/kss.v3i2.1520

N. B. Zhampeiisnazerkezhampeiis@gmail.comNational Research Nuclear University MEPhI (Moscow Engineering Physics Institute), Master, Kashirskoe shosse 31, Moscow, 115409

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

[1] The official website of Kazkommertsbank www.kkb.kz


[2] The official website of Bank CenterCredit www.bcc.kz


[3] The official site of the Halyk Bank of Kazakhstan www.halykbank.kz


[4] The official website of ATF Bank www.atfbank.kz


[5] Official website of ForteBank www.fortebank.com


[6] The official site of the SB KZIBank www.kzibank.com


[7] The international rating agency Fitch Ratings www.fitchratings.com


[8] The international rating agency Moody’s Investors Service https://www.moodys.com


[9] The international rating agency Standard & Poor’s http://www.standardandpoors. com


[10] The official website of the National Bank of the Republic of Kazakhstan http://www.nationalbank.kz