AFSA

29 June 2020 12:36:32

Astana Financial Services Authority (AFSA) has established minimum threshold requirements concerning anti-money laundering (AML) trainings undertaken by relevant AIFC participants. AFSA considers the trainings as important tools for building necessary capacity of AIFC Participant to comply with AIFC AML Rules. New requirements relate to the AML training certification and recommends the List of recognised organisations which meet with the requirements to AML training.  These measures include:

1. a) Requirements to the AML training courses for the Relevant Persons:
2. b) List of recognised organisations which meet with the requirements of the AML training courses imposed by AFSA (list of recognised organisations will be updated as the Financial Intelligence Unit list changes).

AFSA as a supervisory authority is committed to maintaining the quality of training and awareness of the relevant AIFC Participants in the field of AML/CFT. Therefore, AFSA considers that the new requirements will assist relevant AIFC Participants in increasing understanding of AML/CFT legislation of Kazakhstan and obtain knowledge they need to comply with the requirements of AML/CFT legislation of Kazakhstan and AIFC AML Rules.

Full texts of the notices are published here (link to notice).