Press releases

AFSA

29 June 2022 00:00

Official launch of pilot project on interaction of Kazakhstan banks and crypto exchanges registered in AIFC took place within Astana Finance Days

В официальной церемонии запуска пилотного проекта приняли участие представители Национального банка РК, Агентства по финансовому

AFSA

28 June 2022 00:00

Speakers at Astana Finance Days discussed the role of regulators in stimulating regional cooperation

Panel session Development of Financial Services in Central Asia has taken place at the annual financial conference Astana Finance Days 2022. The session speakers shared views on how joint efforts can make Central Asia more attractive to investors and

AFSA

28 June 2022 00:00

The rise of the digital asset industry was discussed at Astana Finance Days

A panel session Rise of Digital Assets: New Opportunities, Risks and Regulation has taken place within the Regulatory Landscape Forum at Astana Finance Days 2022. The panel session s speakers included non-executive independent member of the Board of

AFSA

28 June 2022 00:00

Experts discussed the role of anti-money laundering in the accelerated growth of the financial industry at Astana Finance Days 2022

The session Anti-Money Laundering: Challenges and Benefits for the Accelerated Growth of the Financial Industry has taken place as part of Astana Finance Days 2022. The panel session was organised by the AIFC Financial Services Authority (AFSA).

AFSA

14 June 2022 00:00

AFSA suspends the Licence of Sanity Capital Ltd following its failure to meet ongoing fitness and propriety requirements of the AFSA

The Astana Financial Services Authority (AFSA) has suspended the Licence of Sanity Capital Ltd after the firm had breached regulatory requirements in relation to the AFSA s capital and liquidity requirements. Sanity Capital Ltd also failed to ensure that

AFSA

14 June 2022 00:00

AFSA participates in Islamic Development Bank Group (IsDB) 2022 Annual Meetings

The delegation of the Astana International Financial Centre (AIFC), headed by acting IsDB Governor for Kazakhstan and Chief Executive Officer of the Astana Financial Services Authority (AFSA) Nurkhat Kushimov, has participated in the Islamic Development

AFSA

07 June 2022 00:00

AFSA has held second Regulatory Townhall meeting

The Astana Financial Services Authority has held the 2nd Regulatory Townhall in Nur-Sultan in an online format. A number of topics were on the agenda of the Townhall. Among them are:The enhancements to the Recognition and Market Frameworks;Policy

AFSA

01 May 2022 11:35

Astana Financial Services Authority introduces fees for supervision, late filings and change of key individuals in firms, effective 1 May 2022

On 1 May 2022 the AFSA introduced fees for participants for supervision, late filings and for when firms change key individuals. These changes are stipulated in the AIFC Fees Rules and are introduced following a four-year grace period in order to allow

AFSA

18 April 2022 09:36

AFSA issues Consultation paper on Proposed Regulatory Guidance on Fitness and Propriety. Deadline for providing comments is 14 May 2022

The Astana Financial Services Authority (AFSA) has issued the Consultation Paper № AFSA-P-CE-2022-0002 to seek suggestions on the proposed Regulatory Guidance on Fitness and Propriety. According to the proposed guidance, the fitness and propriety

AFSA

05 April 2022 12:16

Practical Steps on Voluntary winding up of a Private Company under the Acts of the Astana International Financial Centre

In December 2021 a first case of voluntary winding-up of a Private Company under the acts of Astana International Financial Centre was successfully completed. This was a pilot project implemented by the AIFC Office of the Registrar of Companies and RSP

AFSA

04 April 2022 11:56

AFSA issues Consultation paper on amendments to AIFC Fees Rules, with a deadline for providing comments 29 April 2022

The Astana Financial Services Authority (AFSA) has issued the Consultation Paper #AFSA-P-CE-2022-0001 to seek suggestions from the market on the proposed amendments to AIFC Fees Rules.Introduction of fees for supervision, modifications and key

AFSA

17 March 2022 11:29

Nurkhat Kushimov appointed Chief Executive Officer of the Astana Financial Services Authority

Upon the decision of the Board of Directors of the Astana Financial Services Authority (AFSA), Nurkhat Kushimov was appointed as the Chief Executive Officer of AFSA from 18 March 2022.Bubeev, who previously held this post, was elected a member of the

AFSA

16 March 2022 15:23

The number of financial firms authorised by the Astana Financial Services Authority doubled in 2021

23 companies received a licence from the Astana Financial Services Authority (AFSA) in 2021 to carry out financial activities, which is twice as many as in the previous year. Firms under AFSA s supervision help create jobs in the banking, investment and

AFSA

22 February 2022 13:02

The AFSA adopts a Supervisory Policy Statement outlining a new approach to Branch Supervision

As expressed in the Supervisory Policy Statement on Branch Supervision, supervisory approach applied towards AIFC participants (whether it is a bank, an insurer, or an investment firm) operating as branches in the AIFC implies that the following general

AFSA

22 February 2022 12:47

WARNING TO CONSUMERS concerning Firms (Hitbeat Music Representative Office, Extrum Limited, KBI Partners Limited, S-Capital Limited) registered in the Astana International Financial Centre (“AIFC”), which are NOT authorised to conduct regulated activitie

Nur-Sultan, Kazakhstan The Astana Financial Services Authority (AFSA) informs that the following companies may have released information in the public domain that risk misleading persons into believing that these persons are authorised by the AFSA to