Kazakh authorities to monitor large FX transactions to curb capital outflowKazakhstan’s State Revenue Committee will begin monitoring foreign exchange transactions exceeding $50,000 as part of broader measures to curb illegal capital outflow, according to a draft order released by the Finance Ministry.The document, titled "On the Introduction of Rules for Interaction Between the State Revenue Authorities and the National Bank of the Republic of Kazakhstan in Order to Provide Information on Foreign Currency Transactions," has been published in the Open Online Legal Database for public discussion until October 28, 2025."Rules will be established for interaction between the state revenue authorities and the National Bank of the Republic of Kazakhstan regarding the provision of information on foreign exchange transactions exceeding $50,000, including non-goods transactions, income of non-residents, and operations of participants of the Astana International Financial Centre," the document says.The draft order is aimed to implement unified rules for information exchange between the National Bank and the state revenue authorities.“The expected outcome is the identification of unlawful capital outflows and the reduction of risks associated with fictitious transactions,” the document says.he Astana International Financial Center (AIFC) was organized to attract investment into Kazakhstan. The AIFC enjoys special taxation, currency and visa regimes and headquartered in the capital of Kazakhstan. The AIFC started registration of companies in January 2018. (ICE ALMATY)

Fonte notizia: INTERFAX