The first President of the Republic of Kazakhstan, Leader of the nation, Nursultan Nazarbayev visited the AIFC

The first President of the Republic of Kazakhstan, Leader of the nation, Nursultan Nazarbayev visited the Astana International Financial Centre (AIFC). AIFC Governor Kairat Kelimbetov presented the results of the financial centre that have been achieved since the official opening ceremony held in July 2018 with the participation of the Leader.
Kelimbetov noted that the creation of the AIFC jurisdiction, acting on the basis of English common law, all took place in this period. The AIFC Court and the International Arbitration Centre have launched an e-justice system that allows parties to file claims electronically from anywhere in the world without the need for a physical presence in Nur Sultan. The AIFC court, acting on the basis, examined the first case and ruled on it.
The AIFC Exchange (AIX) received the status of a recognized exchange from the UK Tax and Customs. This status allows holders of securities traded on AIX to take advantage of the favorable regime in accordance with UK tax laws, considering their individual circumstances and conditions applicable under the law. The exchange placed the first foreign issuer – the Russian Polymetal International plc (Polymetal), which is one of the top 20 gold producers in the world.
The AIFC Governor emphasized that the financial centre climbed to 51st out of 102 positions in the GFCI Global Center for Financial Centers Index. AIFC also took 1st place in the ranking of the region “Eastern Europe and Central Asia”.
The number of companies registered in the AIFC has reached 250. The certificate of residence to the head of the 250th anniversary company was presented today.
The first President of the Republic of Kazakhstan, Leader of the nation, noted that the AIFC is one of the most important projects of the country and instructed to continue work on the development of the Astana International Financial Centre.