A delegation of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market, led by Chairperson Madina Abylkasymova, paid a visit to Japan. As part of the visit, meetings were held with Yutaka Ito, Commissioner of the Financial Services Agency (JFSA), and Takashi Hashimoto, Commissioner of the Securities and Exchange Surveillance Commission (SESC).

During the meeting with the JFSA, Ms. Abylkasymova highlighted the significant potential for closer alignment of regulatory approaches to support cross-border investment, as well as for the integration of advanced tools and technologies into the financial ecosystem.

The importance of technical assistance and the exchange of expertise from Japan in the area of capital market reforms was emphasized, taking into account Japan’s successful experience in developing the Capital Market Development Program through 2030 and the new Law on the Securities Market.

The parties emphasized the importance of further strengthening cooperation between regulators and expressed their readiness to sign a Memorandum of Understanding. The document will facilitate information exchange, consultations on financial stability issues, and the development of cooperation in financial regulation and supervision, consumer protection, and the adoption of international best practices.

During the meeting with the SESC, the parties discussed issues related to the further development of the capital market, including maintaining investor confidence, ensuring market integrity, and enhancing the resilience of the financial system.

The parties agreed to strengthen cooperation through the exchange of experience and the adoption of advanced international practices in monitoring market activities using digital technologies and data analytics, as well as in ensuring transparency of corporate reporting and high-quality disclosure.

External Communications Directorate
press@finreg.kz

Source : https://www.gov.kz/memleket/entities/ardfm/press/news/details/1190550?lang=kk