Here is the converted article in markdown format:

Kazakhstan’s Identity Verification Regulations: What You Need to Know

In an effort to combat money laundering and terrorist financing, the government of Kazakhstan has implemented strict regulations for identity verification. As a business operating in the country, it is crucial that you understand these regulations to ensure compliance.

Verification Process

Shufti Pro’s specialized Document Verification service performs checks on the authenticity of submitted documents, including security features such as:

• Holograms
• Tapered/crumpled edges
• Microprinting

This ensures that the documents are genuine and not tampered with.

Required Documents

In Kazakhstan, the following documents are considered proof of identity:

• A valid passport
• A valid driver’s license
• National Identity Card

For address verification, the following documents can be used:

• Current utility bill (gas, electricity, telephone, or mobile phone)
• Document issued by a government department showing the end-user’s address and name
• Bank statement (no older than 3 months) showing the end-user’s address and name

Timing of Verification

Identity verification is not limited to a one-time process. It is required in multiple instances as per regulations. The timing of verification depends on your requirements and the conveyance of Shufti Pro.

Politically Exposed Persons and Enhanced Due Diligence Measures

In the absence of explicit regulations, clients may utilize enhanced due diligence measures for high-risk end-users. Shufti Pro provides an AML Screening service that screens an individual’s selected ID attributes against:

• Watchlists of global regulatory authorities
• Foreign and domestic databases
• Compromised PEPs
• Sanctioned individuals

Reliance on External Services

Kazakhstan’s regulations state that you may seek the services of a third-party to apply measures of due diligence. You are required to collect all such data (Diligence Information) from the third party without undue delay.

Record Retention

As per Kazakhstan’s regulations, you are required to retain data for not less than five years. These records are part of your AML and KYC obligations for due diligence. In the case where this information is processed, collected, and managed by a relevant third-party, you are liable to collect all such necessary information (Due Diligence Data) from the third party without undue delay.

By understanding these regulations, you can ensure compliance and protect your business from potential risks. Shufti Pro is committed to providing you with the necessary tools and expertise to navigate Kazakhstan’s identity verification requirements.