Press releases

AFSA

04 April 2024 09:22

Development of the financial sector: AFSA issued 17 new licences in the first quarter of 2024

The Astana Financial Services Authority (AFSA) has issued 17 licences in the first quarter of 2024, including authorised firms in the full regulatory regime, FinTech Lab participants and Ancillary Services Providers (ASPs).Most of the licences issued

AFSA

01 April 2024 13:14

AFSA alerts public to select only authorised Digital Assets Services Providers

This alert by the Astana Financial Services Authority is to remind the public of the importance of exercising caution when selecting Digital Assets Services Providers (DASPs) for digital asset transactions and investments, especially considering the

AFSA

26 March 2024 15:19

AFSA issues Consultation Paper on the Proposed Enhancements to the AIFC Asset Management Framework. The deadline for providing comments is 26 April 2024

The Astana Financial Services Authority (AFSA) has issued this Consultation Paper to seek suggestions from the market on the Proposed Enhancements to the AIFC Asset Management Framework. The proposals in this paper will be of interest to current and

AFSA

19 March 2024 10:14

AFSA issues Consultation Paper on the proposed AIFC family offices framework. Deadline for providing comments is 25 April 2024

The Astana Financial Services Authority (AFSA) has issued a Consultation Paper on the proposed AIFC family offices framework to seek suggestions from the market. The proposals in this paper will be of interest to families or entities who are looking for

AFSA

19 March 2024 09:30

AFSA issued Consultation Paper on the proposed AIFC Tokenised Commodities framework. Deadline for providing comments is 25 April 2024.

The Astana Financial Services Authority (AFSA) has issued the Consultation Paper on the proposed AIFC Tokenised Commodities framework ( Framework ) to seek suggestions from the market. The Framework consists of the proposed amendments to the current

AFSA

14 March 2024 07:20

AFSA calls on Digital Asset Service Providers to test out new products

The Astana Financial Services Authority (AFSA) invites all Digital Asset Service Providers (DASPs) authorised in its FinTech Lab to test new types of products and services involving digital assets. The new types of digital assets may involve margin

AFSA

28 February 2024 06:24

Astana International Financial Centre achieves ISDA recognition as a netting-friendly jurisdiction

The International Swaps and Derivatives Association, Inc. (ISDA) has recognised the Astana International Financial Centre (AIFC) as a netting-friendly jurisdiction and published its legal opinion prepared by Dentons Kazakhstan LLP for ISDA members.The

AFSA

26 February 2024 12:19

AIFC participants receive wider access to Kazakhstan's financial market

The list of financial services that participants of the Astana International Financial Centre can provide to residents of Kazakhstan has been expanded. 12 February this year the National Bank of the Republic of Kazakhstan (NB RK), the Agency of the

AFSA

07 February 2024 14:03

AIFC hosts a workshop on safe use of digital assets

The Astana International Financial Centre is hosting a workshop "Cryptocurrency in Central Asia: Navigating FATF Recommendation 15 - Challenges and Best Practices", which discussed ways to ensure safe and responsible use of cryptocurrency.During the

AFSA

02 February 2024 12:24

AFSA alerts to a fake email in which it is impersonated

The Astana Financial Services Authority (AFSA) alerts the public that the following email address: [email protected] is a fake email address in which AFSA is impersonated.It came to the attention of AFSA that scammers used the email address to send

AFSA

29 December 2023 15:12

AFSA has adopted Rules on interaction of Digital Asset Service Providers and commercial banks of Kazakhstan.

The Astana Financial Services Authority (AFSA), in collaboration with national regulatory authorities, is pleased to announce the formulation of comprehensive rules that enhance the interaction between a broader range of licensed entities within the

AFSA

28 December 2023 06:49

Astana Financial Services Authority (AFSA) Introduces Stablecoin Framework

The Astana Financial Services Authority (AFSA) has introduced its first comprehensive Stablecoin Framework, to take effect from 1 January 2024. It is a pivotal addition to the AIFC Rules on Digital Asset Activities. This framework is developed to ensure

AFSA

26 December 2023 13:41

Security Token Offering Framework takes effect at AIFC jurisdiction on 1 January 2024

AFSA has developed the AIFC Security Token Offering Framework (the STO framework ) to introduce a comprehensive regulatory regime that governs the issuance and trading of Security Tokens within the Astana International Financial Centre (AIFC). This

AFSA

25 December 2023 11:06

Crowdfunding applicants to transition to full regulatory regime at AFSA

Entities applying to obtain a License to carry on the Market Activities of "Operating a Loan Crowdfunding Platform" and "Operating an Investment Crowdfunding Platform" (Crowdfunding activities) will be subject to the full regulatory regime and approach

AFSA

22 December 2023 09:51

AFSA has published amendments to the AIFC Fees Rules

The amendments take effect from 1 January 2024 and mainly include amendments to supervision fees and fees payable to the Registrar of Companies and provide greater clarity on the application of the fees.New fees have been introduced with regards to the