Press releases

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

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

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

AFSA

27 November 2023 06:36

The Astana Financial Services Authority (AFSA) and Magyar Nemzeti Bank (MNB) in agreement to enhance cooperation

The Astana Financial Services Authority (AFSA) and Magyar Nemzeti Bank (MNB) have signed a Memorandum of Understanding (MoU) on 24 November 2023 on the margins of the Budapest Eurasia Forum.This significant accord marks intention of both regulators to

AFSA

24 November 2023 12:41

AFSA and the National Agency of Perspective Projects of the Republic of Uzbekistan agree on cooperation and mutual assistance

The Astana Financial Services Authority (AFSA) and the National Agency of Perspective Projects of the Republic of Uzbekistan ( NAPP ), have signed in Tashkent a Memorandum of Understanding (MoU) that aims to foster cooperation, mutual assistance, and

AFSA

22 November 2023 07:49

AFSA publishes amendments to its Financial Services Framework Regulations

The Astana Financial Services Authority (AFSA) has revised its Financial Services Framework Regulations (FSFR) and made a number of changes to them and other relevant rules. The amendments aim to ensure that the Astana International Financial Centre

AFSA

21 November 2023 13:20

AFSA announces new Rulebook on Digital Asset Activities

The Astana Financial Services Authority (AFSA) has published its new Rulebook on Digital Asset Activities, which is taking effect on 1 January 2024.AFSA Chief Executive Officer Nurkhat Kushimov: The Rulebook was developed in close collaboration and

AFSA

17 November 2023 09:22

AFSA and the Financial Regulatory Commission of Mongolia agree on cooperation and mutual assistance

The Astana Financial Services Authority (AFSA) has signed a Memorandum of Understanding (MoU) with the Financial Regulatory Commission of Mongolia. The purpose of the MoU is to enable mutual cooperation in areas relating to sharing of information and

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

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

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