Toqayev Discusses Financial Oversight in Talks with Egmont Chair

President Qasym-Jomart Toqayev has reaffirmed Kazakhstan’s commitment to strengthening financial transparency and asset recovery, Orda.kz reports.

During a meeting with Elzbieta Frankow-Jaskiewicz, Chair of the Egmont Group of Financial Intelligence Units, Toqayev discussed international cooperation on anti-money laundering (AML) and counter-terrorist financing (CTF).

The talks also focused on enhancing mechanisms for the effective return of illegally obtained assets.

Toqayev described the Egmont Group as a key global partner in financial security and confirmed that Kazakhstan would continue reforming its national AML system in line with international standards. He also highlighted that, under the government’s “Law and Order” framework, protecting citizens’ rights and upholding the rule of law remain top priorities.

Frankow-Jaskiewicz praised the progress of Kazakhstan’s financial reforms and underscored the value of collaboration with countries committed to transparent financial governance.

Kazakhstan’s FIU has been a full member since 2013. Frankow-Jaskiewicz, who previously led Poland’s FIU, has chaired the group since 2023 and advocates stronger partnerships with states reinforcing control over financial flows.

Her visit to Kazakhstan comes amid heightened international scrutiny of assets moved abroad by former officials and members of the elite.

As we previously reported, Swiss authorities are currently investigating Dinara Kulibayeva, daughter of former President Nursultan Nazarbayev.

The Geneva prosecutor’s office is examining tens of millions of Swiss francs held at the REYL Intesa Sanpaolo bank. Investigators are reviewing the origins of a €25 million loan issued to Kulibayeva, along with over 150 million francs in her accounts.

Original Author: Ruslan Loginov