Republic of Kazakhstan

Politics and economy

Kazakhstan is a parliamentary-type presidential republic. The supreme legislative body is the parliament.

Kazakhstan is a fast-growing agro-industrial state. It is ranked eighth in the world in reserves of iron ore and is one of the world’s leading producers of refined copper. Its main industries are mining, non-ferrous and ferrous metallurgy, chemical, coal, food, light industries and engineering. Its main agricultural product is grain. In this regard, Kazakhstan is ranked third among the CIS countries after Russia and Ukraine.

The banking system is represented by the National Bank of Kazakhstan and 38 commercial banks, which are second-level lending institutions. The Development Bank of Kazakhstan has a special status. The country’s national currency is the tenge.

National AML/CFT regime

The Law On Combating the Legalization (Laundering) of Criminal Proceeds and Terrorism Financing entered into force on March 9, 2010.

The country’s financial intelligence unit is the Financial Monitoring Committee of the Ministry of Finance of the Republic of Kazakhstan, established by Government Decree № 387 of 24 April 2008. The committee collects and processes data on transactions involving money and/or other assets subject to financial monitoring. It analyzes the information it receives in the sphere of combating the legalization (laundering) of criminal proceeds and terrorist financing. It coordinates the activities of state bodies in this field and sends the information within its competence to law enforcement agencies so that they can decide if sufficient grounds exist to warrant action. It is an administrative-type financial intelligence unit.

The Chairman of the Committee is Mr. Anuar S. Jumadildayev.                  

Anuar S. Jumadildayev 
 
Date of birth:
September 22, 1965
 
Education:
Graduated from Patrice Lumumba Peoples' Friendship University in 1990 with a degree in mathematics. 
Graduated from West Kazakhstan Engineering and Technology University in 2006 with a degree in finance.
 
Work experience:
1990-1992 – trainee researcher at the Institute of Mathematics and Mechanics of the Kazakhstan Academy of Sciences, city of Almaty; postgraduate student at Patrice Lumumba PFU.
1992-1997 – commercial director at limited liability partnership "Alas Firm", Almaty;
1997-2003 – general manager at joint stock company "Alaugaz", vice-president of limited liability partnership "Accept-Profile", Almaty, acting president of "Alaugaz", president of "Alaugaz", Almaty;
2005-2008 – deputy chairman of the Tax Committee for the West Kazakhstan Region, Tax Committee of the Ministry of Finance of the Republic of Kazakhstan, city of Uralsk;
2008-2009 – acting head of the Directorate for Monitoring Information and Telecommunications Infrastructure and Information Security, Department of Information Technology of the Ministry of Finance of the Republic of Kazakhstan; head of the Directorate for Monitoring Information and Telecommunications Infrastructure and Information Security, Department of Information Technology of Ministry of Finance of the Republic of Kazakhstan; head of the Directorate for Managing Alcohol, Tobacco and Other Excise Products of the Tax Committee of the Ministry of Finance of the Republic of Kazakhstan; head of the Directorate for Managing Excises of the Tax Committee of the Ministry of Finance of the Republic of Kazakhstan;
2009-2012 – deputy chairman of the Tax Committee of the Ministry of Finance of the Republic of Kazakhstan;
February 2012-January 2015 – chairman of the Tax Committee of the Ministry of Finance of the Republic of Kazakhstan;
January 2015-January 2017 – chairman of the Financial Control Committee of the Ministry of Finance of the Republic of Kazakhstan;
January 2017 until present – chairman of the Financial Monitoring Committee of the Ministry of Finance of the Republic of Kazakhstan.
 
 

Cooperation with the EAG

Since the establishment of the Eurasian group, the Republic of Kazakhstan has been actively involved in its work. Kazakhstan became a member of the EAG on 6 October 2004 at the founding conference in Moscow.

The 12th plenary meeting of the EAG and the Consultative Forum with the private sector were held in June 2010 in Almaty.
 

The EAG conducted a mutual evaluation of the Republic of Kazakhstan in 2010-2011.

The 24th EAG Plenary meeting was held in Kazakhstan in June 2016.

Authorization

    Upcoming events

    EAG in the news

    07.02.2017
    Participation on the Egmont Group Meetings The Chairman of the State Financial Intelligence Service under the Government of the Kyrgyz Republic, Mr. Aibek Kadyraliev has participated at the Egmont Group of FIUs’ Meetings, which are held from January 30 to February 2, 2017 in Doha, Qatar
    06.02.2017
    The summarizing “round table” "Evaluation of the financing of terrorism risks in the sector of non-profit organizations (NPOs) in the Kyrgyzstan" took place on February 2, in Bishkek The event was organized by the Public Fund "Civiс Participation" together with the State Financial Intelligence Service under the Government of the Kyrgyz Republic, with the technical support of the "Soros-Kyrgyzstan" Foundation and the The International Center for Not-for-Profit Law, as part of the National Risk Assessment of legalization (laundering) of criminal proceeds and financing of terrorism, which is conducted in accordance with the FATF Recommendations
    02.01.2017
    Common projects with the OSCE Programme Office in Astana, 2016 In 2016 the Financial Monitoring Committee of the Ministry of Finance of the Republic of Kazakhstan (hereinafter Committee) and OSCE Programme Office in Astana continue advanced training of people working in the Committee, subjects of financial monitoring, representatives of law enforcement and government agencies, who are responsible for AML/CFT.
    All publications