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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal

Kazakhstan National Welfare Fund has more autonomy

Posted on 12 January 2012

The Senate (upper house of Kazakhstan parliament) passed a law that increases the autonomy of the National Welfare Fund, Samruk-Kazina, Vice Minister of Economic Development and Trade Marat Kusainov said.
Kusainov noted that the law introduces principles of corporate governance in the Samur-Kazina group of companies and provides the provision of funds and organisations, which is part of the fund, giving them the ability to make decisions on current issues of economic activity………………………………………..Full Article: Source


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