Life in Rural Kyrgyzstan
Kazakhstan|life|July 12, 2019 / 01:43 PM
OSCE supports training seminar on countering financial pyramids in Kazakhstan

AKIPRESS.COM - An-OSCE supported training seminar on regulatory aspects of raising funds and countering measures to avert financial pyramids took place on July 12 in Almaty, the OSCE reported.

The one-day event was organized by the OSCE Programme Office in Nur-Sultan in partnership with Kazakhstan’s National Bank. It brought together some fifteen representatives of Kazakhstan’s National Bank.

OSCE-supported international experts from Moldova and Slovakia familiarized participants with types and schemes of financial pyramids in financial and capital markets as well as ways to identify, block and prevent them by the regulatory body. They also focused on emerging risks associated with new financial technologies and ways to increase the population’s financial literacy.

The event is part of the Programme Office’s multi-year efforts to promote good governance with a focus on averting financial fraud and ensuring transparency in the financial sector.

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