Press releases

AIFC Authority

17 January 2024 14:31

SK-Pharmaceuticals LLP and AIFC agreed on cooperation

Attracting investments is one of the priorities in the activities of the Unified Distributor. Today, there is increased interest in the domestic pharmaceutical market from international investors, who are looking for new opportunities in emerging

AIFC Expat Centre

08 January 2024 12:18

Compulsory dactyloscopic registration (fingerprints)

Compulsory dactyloscopic registration (fingerprints) Dear clients, Starting from January 2024, compulsory dactyloscopic registration (fingerprints) will be subject to foreign nationals (aged over 16) when applying for the following services: Temporary or

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

AIFC Authority

26 December 2023 11:30

Astana International Financial Centre has unveiled its achievements for the year 2023

Astana International Financial Centre (AIFC) presented the results of its activities for 2023. The AIFC maintained its prominent position in the Central Asia and Eastern Europe region (according to the Global Financial Centres Index rating), confirming

AIX

25 December 2023 11:24

Development Bank of Kazakhstan placed green bonds on AIX

Astana International Exchange ( AIX , Exchange ) is pleased to announce the placement of green bonds of Development Bank of Kazakhstan JSC (a subsidiary of Baiterek NMH JSC, DBK , Bank ) on the AIX.The value of the securities issue amounts to $15m, the

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

AFSA

20 December 2023 12:17

AFSA introduces Environmental, Social, and Governance (ESG) Fund

In a significant move towards fostering sustainable and responsible investment practices, AFSA has amended the AIFC Collective Investment Scheme Rules to introduce an Environmental, Social, and Governance (ESG) Fund as a new type of Specialist

AFSA

19 December 2023 12:19

AFSA has amended Practical Guidance to AIFC Anti-Money Laundering Framework

The amendments to the Practical Guidance provide explanations on the existing Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) requirements on AML audit imposed by AIFC AML/CTF and Sanctions Rules ( Rules ) and do not introduce any

AIFC Authority

11 December 2023 14:23

The volume of mergers and acquisitions in Kazakhstan over the past decade amounted to about 45 billion USD

The volume of M A transactions (mergers and acquisitions) over the past 10 years has reached approximately 45 billion USD. This information was disclosed at the Astana International Financial Centre (AIFC) during the presentation of a comprehensive

AIFC Authority

11 December 2023 09:00

Common language for transition finance: сhallenges and opportunities for Central Asia are discussed on the sidelines of COP28

On the sidelines of COP 28 transition finance seminar took place on December 4 at the Central Asian pavilion. The event highlights include the launch of the transition finance framework for developing countries, panel discussion on transition finance for

AFSA

08 December 2023 09:49

Assets under Management at AIFC reach record high in Q3 of 2023

Assets under Management (AUM) at AIFC grew 52% in Q3 of 2023 since Q1 of the same year, reaching an all-time high of $1 bln encompassing both asset and fund managers. This constitutes an almost two-fold increase against the same period last year. The

AIFC Authority

05 December 2023 11:50

Green Finance in Focus: How Kazakhstan is Advancing Towards a Sustainable Energy Transition

On November 30, the 28th Conference of the Parties to the UN Framework Convention on Climate Change (COP28) commenced in Dubai, uniting 140 Heads of State and Government along with more than 70,000 delegates. During the conference, heads of state and