For Press

09/11/2017

Astana International Financial Centre and Oliver Wyman agreed to develop the AIFC Exchange

The Astana International Financial Centre (AIFC) and the Oliver Wyman Company signed a Memorandum of Understanding. Within the framework of the document, the Parties agreed to develop the Astana International Exchange (AIX) and the capital market in the Republic of Kazakhstan as a whole.

The parties expressed their readiness to interact in matters of a technical nature, as well as to exchange experience and information.

According to the Memorandum, Oliver Wyman intends to consult the Astana International Financial Centre in carrying out planned activities for the development the capital market. Oliver Wyman expressed readiness to share their knowledge, experience and expertise in building the infrastructure of the securities market, and create a database of world investors based on internationally recognized standards and best practices.

 

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AIFC. The AIFC was established on the initiative of the President of the Republic of Kazakhstan Nursultan Nazarbayev. In December 2015 the Head of State signed the Constitutional Statute “On the Astana International Financial Centre” (AIFC). The aim of the AIFC is to establish a leading international centre of financial services. The objectives of the AIFC are to attract investment into the economy through the establishment of an attractive environment for investment in the financial services, develop local capital markets, ensuring their integration with the international capital markets.

www.aifc.kz

Oliver Wyman is a leading international company in the field of management consulting. More than 3,000 professionals work in 50 offices around the world. Oliver Wyman helps clients optimize their business and advance the operating profile. The company cooperates with the largest banks, insurance companies, retail enterprises, oil and gas complex, transport and telecommunications industry, as well as with state institutions and ministries.