Chairperson of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market (ARDFM) Madina Abylkassymova has presented a strategy the agency is going to apply to the banking sector in 2024. This regulatory approach has been prepared in conjunction with the National Bank and different commercial banks, the agency said in a statement on its website.
In 2024, the ARDFM is going to continue tuning up its regulatory process to make the banking sector more transparent and reliable. To achieve this goal, the agency will follow the SREP methodology (Supervisory Review and Evaluation Process) along...