AIFC Authority and Bodies switch to distance working routine

In order to counter the spread of coronavirus, by the Decree of the Head of State Kassym-Jomart Tokayev a state of emergency has been declared in Kazakhstan. It will last until 07:00 on April 15, 2020. A quarantine was announced in the city of Nur Sultan, from 00:00 on March 19.

In accordance with generally established requirements, as well as to protect the health of employees and participants of the Astana International Financial Centre (AIFC) Authority decided to organize work to be done remotely from Monday, March 16, 2020. That said, the Astana International Exchange (AIX) will operate as normal.

All AIFC staff will work remotely. The exception will be only the employees responsible for the smooth operation of the AIX, as well as certain Authority employees who ensure the safety of buildings and properties.

In addition, since March 14, 2020, the AIFC Authority, together with NC Astana Expo 2017 JSC, has been disinfecting the premises. All entrances have been equipped with temperature measuring devices.

The AIFC administration strongly recommends that all participants whose offices are located on the territory of the Center switch employees to a distance working mode of operation.

AIFC. The Astana International Financial Centre (AIFC) was created on the initiative of the First President of the Republic of Kazakhstan, Elbasy Nursultan Nazarbayev. The constitutional law “On the AIFC” was signed on December 7, 2015. AIFC’s goal is to form a leading centre of financial services at the international level. AIFC objectives are to assist in attracting investment in the country’s economy, create an attractive environment for investing in financial services, develop the securities market of the Republic of Kazakhstan and ensure its integration with international capital markets. Read more: aifc.kz

AIX was established in 2017 as part of the development of the Astana International Financial Centre. AIX shareholders are AIFC, Goldman Sachs, Shanghai Stock Exchange, Silk Road Fund and NASDAQ, which also provides the AIX trading platform. The exchange operates within the framework of a regulatory environment based on the principles of English common law, thus providing reliable conditions for investment. The mission of AIX is to develop an active capital market in Kazakhstan and the region by providing clear and favorable conditions for attracting financing by private and public business. AIX is developing special segments for mining companies, as well as infrastructure projects as part of the Belt and Road Initiative. Read more: aix.kz