Regulatory Alerts2015-05-06 | ПҚ-2344Added · Updated
On Additional Measures to Enhance the Financial Stability of Commercial Banks and Develop Their Resource Base
The decree approves a comprehensive set of measures for the Central Bank, commercial banks, and ministries to strengthen financial stability, liquidity, and corporate governance while expanding deposit products and digital payment systems. It mandates the phased implementation of Basel III standards between 2015 and 2019 and requires the Central Bank to develop a mechanism for setting deposit interest rates within one month. Additionally, it extends preferential corporate income tax rates for long-term investment financing until January 1, 2020, and exempts commercial banks and payment system centers from customs duties on specific software and equipment until the same date.
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