Arxo Findings Register · Arxo Law

ARXO-2026-0122 · Reported

BBR cites BPG Chapter 9 Sections D, E and F for the LCR, NSFR and maturity mismatch; in the BPG these are Sections G, H and I

BBR 9.16(5)(b) (the AFSA's power to adjust "requirements under section D of Chapter 9 of the BPG" for HQLA and net cash outflows), 9.19(2) (NSFR methodology, "Section E", twice) and 9.21(1)(a) (maturity-ladder methodology, "section F") cite BPG Chapter 9 by section letter; the notes to 9.16(3) and 9.21 do the same. In the published BPG (AFSA-L-GB-2019-0001, 28 January 2019) Sections D, E and F of Chapter 9 are Funding Strategy, Stress Testing and Contingency Funding Plan; the LCR, NSFR and Maturity Mismatch Approach are Sections G, H and I. The right sections can be found by their titles.

Proposed correction

Please read Section G for Section D (9.16(5)(b) and the note to 9.16(3)), Section H for Section E (9.19(2), twice) and Section I for Section F (9.21(1)(a) and the note to 9.21).

Jurisdiction
Kazakhstan — AIFC
Act
AIFC Banking Business Prudential Rules (BBR), V6
Place
BBR 9.16(5)(b)
Record
Discrepancy
Class
Text of the act
Where it arose
The text of the act
Arxo's conclusion
Confirmed
Official text
Unchanged at last check
Last checked
2026-10-24

Evidence

Contradiction within the text. Quotations are verbatim from the official material; translations are ours and marked.

adjust requirements under section D of Chapter 9 of the BPG for calculating its stock of HQLA or the Total Net Cash Outflows;
Normative text · AIFC Banking Prudential Rules_V6 (with amendments as of 13 April 2025, which commence on 13 October 2025) · BBR 9.16(5)(b) · retrieved 2026-10-23 · SHA-256 6384caa7b19388180b780ec19044e1261cae3021c63c670f14ceb35285107022 · copy
guidance set out in Section E of Chapter 9 of the BPG issued by the AFSA.
Normative text · AIFC Banking Prudential Rules_V6 (with amendments as of 13 April 2025, which commence on 13 October 2025) · BBR 9.19(2) · retrieved 2026-10-23 · SHA-256 6384caa7b19388180b780ec19044e1261cae3021c63c670f14ceb35285107022 · copy
The ASF and RSF used in this calculation of NSFR are to be determined in accordance with the methodology, formulae and guidance provided in Section E of Chapter 9 of the BPG.
Normative text · AIFC Banking Prudential Rules_V6 (with amendments as of 13 April 2025, which commence on 13 October 2025) · BBR 9.19(2) second sentence · retrieved 2026-10-23 · SHA-256 6384caa7b19388180b780ec19044e1261cae3021c63c670f14ceb35285107022 · copy
determining, in accordance with the methodology in section F of Chapter 9 of the BPG
Normative text · AIFC Banking Prudential Rules_V6 (with amendments as of 13 April 2025, which commence on 13 October 2025) · BBR 9.21(1)(a) · retrieved 2026-10-23 · SHA-256 6384caa7b19388180b780ec19044e1261cae3021c63c670f14ceb35285107022 · copy
D. Funding Strategy
Official guidance · AIFC BANKING PRUDENTIAL GUIDELINE · BPG Chapter 9, section D heading · retrieved 2026-10-23 · SHA-256 c0ab57e226481347e28c09650f905debc948a442ad7b65fa2db2d196d0b22009 · copy
E. Stress Testing
Official guidance · AIFC BANKING PRUDENTIAL GUIDELINE · BPG Chapter 9, section E heading · retrieved 2026-10-23 · SHA-256 c0ab57e226481347e28c09650f905debc948a442ad7b65fa2db2d196d0b22009 · copy
F. Contingency Funding Plan (CFP)
Official guidance · AIFC BANKING PRUDENTIAL GUIDELINE · BPG Chapter 9, section F heading · retrieved 2026-10-23 · SHA-256 c0ab57e226481347e28c09650f905debc948a442ad7b65fa2db2d196d0b22009 · copy
G. Liquidity Coverage Ratio
Official guidance · AIFC BANKING PRUDENTIAL GUIDELINE · BPG Chapter 9, section G heading · retrieved 2026-10-23 · SHA-256 c0ab57e226481347e28c09650f905debc948a442ad7b65fa2db2d196d0b22009 · copy
H. Net Stable Funding Ratio (NSFR)
Official guidance · AIFC BANKING PRUDENTIAL GUIDELINE · BPG Chapter 9, section H heading · retrieved 2026-10-23 · SHA-256 c0ab57e226481347e28c09650f905debc948a442ad7b65fa2db2d196d0b22009 · copy
I. Maturity Mismatch Approach
Official guidance · AIFC BANKING PRUDENTIAL GUIDELINE · BPG Chapter 9, section I heading · retrieved 2026-10-23 · SHA-256 c0ab57e226481347e28c09650f905debc948a442ad7b65fa2db2d196d0b22009 · copy

How to check it without Arxo's tools

  1. Open AIFC Banking Prudential Rules_V6 (with amendments as of 13 April 2025, which commence on 13 October 2025) and find BBR 9.16(5)(b); BBR 9.19(2); BBR 9.19(2) second sentence; BBR 9.21(1)(a). Compare the text with the quotation above. A copy is kept in this register: 6384caa7b1938818-bbr_v6_13.10.2025_ma.pdf (SHA-256 6384caa7b19388180b780ec19044e1261cae3021c63c670f14ceb35285107022, copy of the official file).
  2. Open AIFC BANKING PRUDENTIAL GUIDELINE and find BPG Chapter 9, section D heading; BPG Chapter 9, section E heading; BPG Chapter 9, section F heading; BPG Chapter 9, section G heading; BPG Chapter 9, section H heading; BPG Chapter 9, section I heading. Compare the text with the quotation above. A copy is kept in this register: c0ab57e226481347-aifc-banking-prudential-guideline.pdf (SHA-256 c0ab57e226481347e28c09650f905debc948a442ad7b65fa2db2d196d0b22009, copy of the official file).
  3. The finding holds if the quoted passages read as shown and the comparison gives the result stated at the top of this page. If it does not, write to us with the record ID.

How this finding was made

AI agents read the official texts, turned the provisions concerned into executable rules and ran the comparison; they also drafted this record. A person at Arxo checked the finding and approved the report before it was sent (2026-10-27).

Responsible institutions

Reported to

DateInstitutionChannelReference
2026-10-27Astana Financial Services Authority (AFSA)e-mail

Responses

No response recorded.

Documents and reproduction

History

  1. 2026-10-24Confirmed by Arxo
  2. 2026-10-27Entered in the register
  3. 2026-10-27Reported to Astana Financial Services Authority (AFSA) (e-mail)

Cite this record

Arxo Law, Arxo Findings Register, ARXO-2026-0122, https://arxo.io/findings/ARXO-2026-0122/ (status as of 2026-10-24). Data: ARXO-2026-0122.json.