ARXO-2026-0131 · Reported
IBB NSFR rule cites 'Section E of Appendix 1' (does not exist) and then 'Section B' in the same paragraph
IBB 10.28(2) first says that the NSFR methodology is "set out in Section E of Appendix 1 of the IBB Module", and then refers to "Section B of Appendix 1" for the ASF and RSF factors. Appendix 1 has only Sections A (LCR), B (NSFR) and C (Maturity Mismatch). The meaning survives through the second sentence.
Proposed correction
Please read "Section B" for "Section E" in the first sentence of IBB 10.28(2) (an editorial correction under section 19(3)(a) of the AIFC Regulations on AIFC Acts).
- Jurisdiction
- Kazakhstan — AIFC
- Act
- AIFC Islamic Banking Business Prudential Rules
- Place
- IBB 10.28(2) first sentence
- 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.
with the methodology, formulae, parameters and guidance set out in Section E ofthe methodology, formulae and guidance provided in Section B of Appendix 1 of the IBBB. Net Stable Funding Ratio (NSFR)
How to check it without Arxo's tools
- Open AIFC Islamic Banking Business Prudential Rules and find IBB 10.28(2) first sentence; IBB 10.28(2) second sentence; IBB Appendix 1 Section B heading. Compare the text with the quotation above. A copy is kept in this register: e8b3c15b1ff574fd-aifc-islamic-banking-business-prudential-rules.pdf (SHA-256
e8b3c15b1ff574fd59504ade7cc9e0488ed5fa6ecfdc7816e3dc603bf4caedeb, copy of the official file). - 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
- Astana Financial Services Authority (AFSA) — author of the AIFC Rules
Reported to
| Date | Institution | Channel | Reference |
|---|---|---|---|
| 2026-10-27 | Astana Financial Services Authority (AFSA) |
Responses
No response recorded.
Documents and reproduction
Related records
- ARXO-2026-0122 — 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
History
- 2026-10-24Confirmed by Arxo
- 2026-10-27Entered in the register
- 2026-10-27Reported to Astana Financial Services Authority (AFSA) (e-mail)
Cite this record
Arxo Law, Arxo Findings Register, ARXO-2026-0131, https://arxo.io/findings/ARXO-2026-0131/ (status as of 2026-10-24). Data: ARXO-2026-0131.json.