Quarterly report pursuant to Section 13 or 15(d)

STATUTORY CAPITAL REQUIREMENTS (Tables)

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STATUTORY CAPITAL REQUIREMENTS (Tables)
3 Months Ended
Jun. 30, 2024
Broker-Dealer [Abstract]  
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations
The table below presents net capital/eligible equity, required minimum capital, excess regulatory capital and retained earnings as of June 30, 2024 for each of the regulated entities that is material for our condensed consolidated financial statements.
(amounts in thousands) Regulated activities Net Capital/Eligible Equity Required Minimum capital/solvency Excess regulatory capital Retained earnings
Freedom KZ Brokerage $ 98,663  $ 392  $ 98,271  $ 119,274 
Freedom Bank KZ
Bank 287,384  180,584  106,800  158,915 
Freedom Life Life Insurance 42,612  11,746  30,866  65,887 
Freedom EU Brokerage 269,057  10,971  258,086  567,393 
Freedom Insurance Property and Casual Insurance 31,981  11,746  20,235  23,447 
Freedom Global Brokerage 133,246  22,597  110,649  161,302 
Freedom Armenia ("Freedom AR") Brokerage 13,055  775  12,280  12,791 
Other regulated operating subsidiaries Other 9,304  154 9,150  (17,652)
$ 885,302  $ 238,965  $ 646,337  $ 1,091,357 
The table below presents net capital/eligible equity, required minimum capital, excess regulatory capital and retained earnings as of March 31, 2024 for each of the regulated entities that is material for our condensed consolidated financial statements.
(amounts in thousands) Regulated activities Net Capital/Eligible Equity Required Minimum capital/solvency Excess regulatory capital Retained earnings
Freedom KZ Brokerage $ 107,064  $ 413  $ 106,651  $ 122,416 
Freedom Bank KZ
Bank 329,738  196,594  133,144  193,376 
Freedom Life Life Insurance 50,757  12,395  38,362  57,085 
Freedom EU Brokerage 269,424  10,868  258,556  319,484 
Freedom Insurance Property and Casual Insurance 30,011  12,395  17,616  19,773 
Freedom Global Brokerage 16,428  12,352  4,076  117,468 
Freedom Armenia ("Freedom AR") Brokerage 7,317  763  6,554  6,447 
Other regulated operating subsidiaries Other 8,533  155 8,378  (11,665)
$ 819,272  $ 245,935  $ 573,337  $ 824,384