Press releases
Press releases
AFSA
10 November 2023 06:29
Branch of Asyl Tukymdy Sharuashylyk Ordabasy Sut Onymdery LLP of the AIFC falsely claims to be registered and licenced at AIFC
The Astana Financial Services Authority (AFSA) alerts the financial services community and the public to a company called Branch of Asyl Tukymdy Sharuashylyk Ordabasy Sut Onymdery LLP of the AIFC that falsely claims to be registered and licenced under
AIFC Authority
09 November 2023 09:48
Astana has been awarded the status of the financial centre of the Turkic world
During the 10th Summit of the Organisation of Turkic States (OTS), President of Kazakhstan, Kassym-Jomart Tokayev, announced that the OTS member countries had supported the initiative to designate Astana as the financial centre of the Turkic world. When
AFSA
03 November 2023 11:20
Communication regarding the situation involving the SPB Exchange - shareholder of International Trading System Limited
AFSA is closely monitoring the situation and is at the stage of assessing the degree of impact of sanctions against the SPB Exchange on the activities of International Trading System Limited (ITS).The regulator attaches paramount importance to ensuring
AIFC Court
03 November 2023 08:01
New Chief Justice Appointed to the AIFC Court
The President of the Republic of Kazakhstan, Kassym-Zhomart Tokayev, appointed The Rt. Hon. The Lord Burnett of Maldon, as Chief Justice of the AIFC Court, upon the retirement of the Rt. Hon The Lord Mance, Chief Justice of the AIFC Court from 1 January
AFSA
02 November 2023 13:19
AFSA issues Consultation Papers on proposed amendments to the AIFC CIS Rules on ESG Funds and revised proposed amendments to the AIFC Fees Rules
The Astana Financial Services Authority (AFSA) has issued the following Consultation Papers to seek suggestions from the market on: Proposed amendments to the AIFC Collective Investment Scheme Rules on ESG Funds. It is proposed to introduce the
AFSA
30 October 2023 13:33
AFSA issues “Dear SEO Letter” addressing regulated firms engaged in the investment business
The Regulatory Office of AFSA has issued a Dear SEO Letter addressed to regulated firms engaged in the investment business (defined in AIFC Glossary as PRU Investment Firms) on selected conduct of business matters. In this letter, AFSA has shared key
AIFC Expat Centre
30 October 2023 11:17
Handy Guide for legal entities registered in the AIFC on obtaining visa for foreign employees
The Guide contains detailed information and sequence of steps required for legal entities registered in the AIFC participants on obtaining visa for foreign employees.Please follow the link to download the Guide for legal entities registered in the AIFC
AFSA
30 October 2023 07:18
AFSA and State Revenue Committee of Ministry of Finance of Kazakhstan adopt Guidance on Substantial Presence Rules
AFSA jointly with the State Revenue Committee of the Ministry of Finance of Kazakhstan has developed and endorsed the Guidance on the Rules on the substantial presence of the AIFC participants applying tax exemptions for the payment of corporate income
AIFC Authority
26 October 2023 00:00
Astana has solidified its leading position in the Eastern Europe and Central Asia region in the GGFI 12 ranking
In the recently published Global Green Finance Index 12 (GGFI 12) Astana maintained its leadership in the Eastern Europe and Central Asia region. Istanbul secured the second position, trailing Astana by 22 points in the overall ranking. GGFI 12 relies on
AIFC Green Finance Centre
24 October 2023 00:00
ESG risk integration in banks and sustainability disclosures in financial institutions were discussed at the workshop organised by AIFC Green Finance Centre
On October 24, 2023, Regional office of Green Investment Principles (GIP) for Central Asia (AIFC Green Finance Centre), AIFC Authority and Eurasian Development Bank co-hosted the ESG risk integration and sustainability disclosure in banks workshop for
AFSA
16 October 2023 06:54
AFSA changes its approach to digital asset admission
AFSA has waived the requirement for cryptoexchanges and other providers licensed to operate in AFSA s Fintech Lab to seek an approval from AFSA to admit Digital Assets that are provided within a Green List to trading on their trading platforms. AFSA has
AFSA
12 October 2023 11:24
The volume of Assets under Advisory at AIFC has grown over five-fold compared to last year
In the first half of 2023 the number of fund managers at AIFC has grown to 30 (up from 25 in first half of 2022), with AIFC continuing to be the jurisdiction of choice for large firms. The dynamics of growth of fund management companies is the best
AFSA
06 October 2023 11:45
AFSA issues two Consultation Papers to seek suggestions from the market
The Astana Financial Services Authority (AFSA) has issued two Consultation Papers to seek suggestions from the market on the proposed: Rules and mechanisms of cooperation of Unbacked Digital Asset Exchanges and/or the Centre Participants authorised to
AFSA
06 October 2023 08:04
The Astana Financial Services Authority (AFSA) has issued the Perimeter Guidance
The Guidance clarifies principles and framework under which authorisation to perform the activities that are regulated under the AIFC Financial Services Framework Regulations are required. The Guidance may be of interest to potential applicants for a
AFSA
04 October 2023 11:45
Cambridge Centre for Alternative Finance names AFSA staff’s capstone project one of best examples in its FinTech and Regulatory Innovation programme
AFSA staff s capstone project on Digital Asset Service Providers (DASP) has been named one of the best examples in an executive education programme by Cambridge Centre for Alternative Finance and Cambridge Judge Business School. Almas Serikuly, Gauhar