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Needs and challenges highlighted by ACCA Kazakhstan in Astana conference

The Association of Chartered Certified Accountants (ACCA) Kazakhstan highlighted the needs and challenges of regulation in global financial centres, in a conference in the capital of Astana.

The conference, held on 2 March, had more than 60 participants in business, finance and regulation, including attendees from Kazakhstan’s largest companies and financial institutions. The presentation outlined jurisdictional issues, regulatory governance and the application of risk based regulation in international financial centres.

The conference also featured several panel discussions that explored areas of regulation including jurisdictional arrangements for international financial centres and national regulators. Topics also discussed included developing capacity, reputation and relationships with national regulators and international standard setting bodies, regulatory independence, decision making and licensing in International Financial Centres.

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