In Kazakhstan, rules have been approved for maintaining a register of individuals and legal entities linked to economic offences. The list will include persons against whom a court conviction has entered into legal force.
WHAT RULES HAVE BEEN APPROVED
By Order of the Chairperson of the Agency for Financial Monitoring (AFM) dated 5 May 2026, the Rules for inclusion in the register of individuals and legal entities associated with unlawful activity in the sphere of economic offences have been approved.
The register is created for the prevention of economic offences, as well as for informing the public and businesses about possible risks and threats in this area.
Inclusion in the register will occur only on the basis of a court conviction that has entered into legal force. The Order comes into effect on 19 May 2026.
WHAT DATA WILL BE INCLUDED IN THE REGISTER
Information from the register will be published on the internet resource of the economic investigation service.
For individuals, the register will specify:
- full name;
- date of birth;
- article of the Criminal Code of the Republic of Kazakhstan;
- the authority that conducted the pre-trial investigation.
For legal entities:
- company name;
- BIN (Business Identification Number).
In cases related to the creation or management of a financial pyramid, the name of the project will also be published.
HOW THE REGISTER WILL BE UPDATED
The register will be maintained by the economic investigation service. Updates are scheduled quarterly.
Grounds for removal from the register will include the expungement or removal of a criminal record, the death of an individual, the recognition of a person as legally incapacitated, or the liquidation of a legal entity by court decision.