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STATUTORY CAPITAL REQUIREMENTS (Tables)

6 Months Ended

Sep. 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 September 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 Bank KZ						Banking						$	328,142					$	174,887					$	153,255					$	235,976
Freedom EU						Brokerage						269,027						10,971						258,056						367,702
Freedom KZ						Brokerage						103,039						384						102,655						138,805
Freedom Global						Brokerage						67,277						22,325						44,952						143,695
Freedom Life						Life Insurance						44,614						11,509						33,105						75,193
Freedom Insurance						Property and Casual Insurance						44,451						11,509						32,942						39,278
Freedom Armenia ("Freedom AR")						Brokerage						22,927						781						22,146						22,015
Other regulated operating subsidiaries						Other						11,034						159						10,875						(18,426)
												$	890,511					$	232,525					$	657,986					$	1,004,238

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 Bank KZ						Banking						$	329,738					$	196,594					$	133,144					$	193,376
Freedom EU						Brokerage						269,424						10,868						258,556						319,484
Freedom KZ						Brokerage						107,064						413						106,651						122,416
Freedom Life						Life Insurance						50,757						12,395						38,362						57,085
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

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- References

No definition available.

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- Definition

Tabular disclosure of the capital amounts and ratios as of the balance sheet date, indicating whether the entity or entities are in compliance with regulatory capital requirements, by entity.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 505
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477270/942-505-50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 505
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477270/942-505-50-1B

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