Kazakhstan’s business community has been given a new opportunity to directly engage with the country’s financial regulator. The National Bank of the Republic of Kazakhstan has announced the launch of an accreditation process for associations of private entrepreneurs, DKNews.kz reports.
This is more than a formal procedure. Accredited associations will be able to officially represent the interests of private businesses at the Expert Council on Entrepreneurship under the National Bank. In practice, this means gaining access to discussions on financial regulation, market reforms, new initiatives, and policies that affect entrepreneurs across the country.
Why It Matters
The Expert Council serves as a dialogue platform between the regulator and the business community. It discusses regulatory initiatives, financial market developments, access to funding instruments, and mechanisms to support small and medium-sized enterprises.
As Kazakhstan’s economy becomes increasingly digital and financially sophisticated, direct business participation in shaping regulatory decisions is becoming more important. Accreditation provides business associations with a structured and legitimate channel to influence policy discussions.
What Documents Are Required
The accreditation process is conducted in accordance with the Entrepreneurial Code of the Republic of Kazakhstan and the Rules approved by Order No. 127 of the Minister of National Economy dated June 29, 2023.
Applicants must submit:
- An application in the form specified in Appendix 2 to the Rules;
- Electronic copies (in Kazakh and Russian) of the founding documents and documents confirming state registration or re-registration of the legal entity, branch, or representative office;
- A list of members of the association and/or organization indicating their business identification numbers (BINs).
The full set of documents must be submitted by February 25, 2026 (inclusive) to hq@nationalbank.kz. The subject line of the email must state “application for participation in accreditation.”
A New Stage in Regulator–Business Dialogue
The initiative reflects the National Bank’s intention to strengthen transparency and partnership with the private sector. Accredited associations will not only voice their opinions but also contribute to shaping regulatory approaches that affect the financial and entrepreneurial environment.
Experts note that such mechanisms help institutionalize business representation and improve the overall quality of regulatory policy.
With the deadline approaching, business associations now have a concrete opportunity to formalize their role in national economic dialogue and ensure their members’ interests are represented at the highest advisory level.
