In accordance with Article 42 of the Law of the Republic of Kazakhstan No. 2444 dated August 31, 1995, “On Banks and Banking Activities in the Republic of Kazakhstan,” the following prudential requirements are established that banks must comply with:
- minimum levels of authorized capital and regulatory capital;
- capital adequacy ratios;
- limits on risk exposure to a single borrower;
- liquidity ratios;
- liquidity coverage ratio (LCR);
- net stable funding ratio (NSFR);
- ratios for the placement of a portion of assets in domestic assets;
- capital adequacy requirements for banks’ short-term liabilities to non-residents of the Republic of Kazakhstan;
- limits on open foreign exchange positions.