Published
06/02/2025, 15:41Committee of the Jogorku Kenesh on Budget and Fiscal Policy today, June 2, approved in the first reading of the bill aimed at protecting citizens from financial fraud.
The draft law proposes to introduce a mechanism of self-prohibition of credit transactions - a voluntary measure in which a person can prohibit in advance the issuance of loans in his name. It will be possible to do this through the portal of electronic services or by other means. Information on self-banning will be sent to credit bureaus, and banks and financial organizations will be obliged to take it into account.
“People become victims of fraudsters who call supposedly from banks, use someone else's photos and data. As a result, loans are issued in their name, especially online. Therefore, it is necessary to introduce a mechanism that will completely exclude the possibility of obtaining a loan without the physical presence of a person,” Ergeshov said at the committee meeting.
The law also aims to improve the system of credit information exchange between banks and credit bureaus. It should eliminate legal gaps and create conditions for fair competition between bureaus, as well as reduce the financial burden on clients.
Similar measures are already in place in Russia, Kazakhstan and Uzbekistan and have proven effective in the fight against fraud.
