OSCE supports training webinar on countering financial pyramids and increasing financial literacy of population

An OSCE-supported one-day training webinar on fighting financial pyramids and practical aspects of improving the financial literacy of the general population concluded on 18 September 2020.

The OSCE Programme Office in Nur-Sultan organized the online event in partnership with the Financial Market Regulation and Development Agency (Agency).

Some 20 representatives of the Agency attended the webinar, which focussed on current practices of combating financial fraud schemes. An international expert from the Russian Federation covered topics such as, the elimination of deficiencies in the regulation of the financial markets, oversight aspects to counter fraud schemes and practical aspects of enhancing financial literacy of the population. The expert paid special attention to underlying aspects of combatting Ponzi schemes and financial pyramids.

The training webinar is part of the Programme Office’s multi-year efforts to promote good governance by focussing on anti-money laundering/combating the financing of terrorism in Kazakhstan.