Halyk Bank CEO Discusses Challenges of Regulator Competition in Kazakhstan

Umüt Shayahmetova, CEO of Halyk Bank, highlighted the complexities faced by Kazakh financial companies due to competition among regulators. She stated that a unified understanding among regulators is needed before legislative initiatives are developed. Shayahmetova emphasized that financial companies must strategize development within this inter-regulatory competition, while prioritizing financial stability and consumer protection.

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