meta_id 3194553

On May 28, 2026, the Bank of Russia and the National Bank of the Republic of Kazakhstan signed a memorandum of understanding to strengthen cooperation on combating fraudulent operations. The memorandum establishes mutual understanding between the two central banks on addressing fraudulent transactions, with particular focus on cross-border money transfer mechanisms. The agreement aims to expand collaboration and information exchange to identify, prevent, suppress, and analyse fraudulent operations, including those conducted through transnational payment channels. The two authorities have agreed to establish a bilateral working group to implement the memorandum's provisions and coordinate joint activities. The Bank of Russia said the memorandum represents an important step in developing the ongoing interaction between the two central banks. The bilateral working group will oversee execution of the memorandum's measures and facilitate continued coordination on financial market protection and fraud prevention initiatives.