From 1 April 2026, amendments to Kazakhstan's financial monitoring framework came into force, significantly expanding the scope of information available to the Financial Monitoring Agency (AFM).
Monitoring now covers not only individual transactions but also a customer's overall financial activity. Reporting entities must provide the AFM with a broader range of information when required by law.
The information may include customer registration details, IP addresses, geolocation, device identifiers, cryptocurrency trading activity (including spot, futures, NFT and P2P transactions), deposit history, account balances, linked bank cards and other information necessary for financial monitoring.
The amendments also expand the list of suspicious activity indicators. These include transactions involving high-risk jurisdictions, complex ownership structures, the use of nominees, spending inconsistent with declared income, transactions associated with money laundering and other risk factors.
The changes are intended to strengthen efforts to combat money laundering, terrorist financing and other financial crimes.
