AFSA holds a training session for law and consulting firms

24 February 2020 – Astana Financial Services Authority has hosted its first outreach session for regulated ancillary service provider (ASP) firms. “Training sessions for law and consulting firms about registration and authorisation processes” was attended by over 40 representatives of firms licenced by the AFSA to carry on ancillary services business in the Astana International Financial Centre.

The event allowed informing and building capacity of ASPs on registration procedures and requirements, post-registration services and authorisation processes. In addition, it was aimed at raising awareness of AFSA’s authorisation function as a “gateway” to the regulatory environment, compliance with regulatory and anti-money laundering rules.

Saule Smailova, consultant at Ozara Services Limited in Nur-Sultan, noted: “Such sessions can be useful in many ways helping with small to big questions. Not only can you find useful tips on where to quickly find information required for Application and Registration forms, but also to better understand the rationale behind the Regulator’s appropriately strict requirements for the Licensing process. I would like to add that I found the AFSA experts extremely knowledgeable and approachable;  and very willing to share their opinions for successful registrations and authorisations. I am looking forward to the future AFSA deep-dive workshops.”

Liya Akzhanova, Partner and Deputy Director in Nur-Sultan, Grata Law Firm shared her impressions by saying “The seminar organised by the Registrar of Companies has a practical application for the consultants and advisers. The raised issues are matters which we face in day-to-day activity.  It was also useful due to the direct contact and channel with authorisation team. Such sessions indeed widen the horizons of lawyers”.

AFSA plans to hold similar sessions regularly on quarterly basis.

For more information about the event please click here.