National Rating Agency Establishment in Kazakhstan

planned

The project involves the creation of an independent national rating agency in Kazakhstan to conduct national credit assessments. The agency will be regulated by a new draft law that defines the status, independence, transparency, and accountability of rating agencies, with state control over their activities. Shareholders will include the National Bank, international rating organizations, and financial institutions, ensuring financial stability and trust. The agency aims to simplify access to capital markets for small and medium-sized businesses and expand investment opportunities for institutional investors.