News

AFSA

30 October 2023 13:33

AFSA issues “Dear SEO Letter” addressing regulated firms engaged in the investment business

The Regulatory Office of AFSA has issued a Dear SEO Letter addressed to regulated firms engaged in the investment business (defined in AIFC Glossary as PRU Investment Firms) on selected conduct of business matters. In this letter, AFSA has shared key

AFSA

30 October 2023 07:18

AFSA and State Revenue Committee of Ministry of Finance of Kazakhstan adopt Guidance on Substantial Presence Rules

AFSA jointly with the State Revenue Committee of the Ministry of Finance of Kazakhstan has developed and endorsed the Guidance on the Rules on the substantial presence of the AIFC participants applying tax exemptions for the payment of corporate income

AFSA

16 October 2023 06:54

AFSA changes its approach to digital asset admission

AFSA has waived the requirement for cryptoexchanges and other providers licensed to operate in AFSA s Fintech Lab to seek an approval from AFSA to admit Digital Assets that are provided within a Green List to trading on their trading platforms. AFSA has

AFSA

12 October 2023 11:24

The volume of Assets under Advisory at AIFC has grown over five-fold compared to last year

In the first half of 2023 the number of fund managers at AIFC has grown to 30 (up from 25 in first half of 2022), with AIFC continuing to be the jurisdiction of choice for large firms. The dynamics of growth of fund management companies is the best

AFSA

06 October 2023 11:45

AFSA issues two Consultation Papers to seek suggestions from the market

The Astana Financial Services Authority (AFSA) has issued two Consultation Papers to seek suggestions from the market on the proposed: Rules and mechanisms of cooperation of Unbacked Digital Asset Exchanges and/or the Centre Participants authorised to

AFSA

06 October 2023 08:04

The Astana Financial Services Authority (AFSA) has issued the Perimeter Guidance

The Guidance clarifies principles and framework under which authorisation to perform the activities that are regulated under the AIFC Financial Services Framework Regulations are required. The Guidance may be of interest to potential applicants for a

AFSA

04 October 2023 11:45

Cambridge Centre for Alternative Finance names AFSA staff’s capstone project one of best examples in its FinTech and Regulatory Innovation programme

AFSA staff s capstone project on Digital Asset Service Providers (DASP) has been named one of the best examples in an executive education programme by Cambridge Centre for Alternative Finance and Cambridge Judge Business School. Almas Serikuly, Gauhar

AFSA

28 September 2023 07:46

2023 IOSCO World Investor Week to focus on Investor Resilience, Crypto Assets, and Sustainable Finance

The International Organization of Securities Commissions (IOSCO) will celebrate its seventh annual World Investor Week (WIW), from 2 to 8 October 2023. This year, the WIW campaign will focus on three main themes: Investor Resilience, Crypto Assets, and

AFSA

20 September 2023 08:48

AIFC and Kyrgyzstan agree to boost cooperation in capital markets to pave the way for cross-border transactions in capital markets

The Astana Financial Services Authority (AFSA) and the Kyrgyz Republic s Service for Regulation and Supervision of the Financial Market under the Ministry of Economy and Commerce have signed a Memorandum of Understanding (MoU).The MoU between the

AFSA

18 September 2023 14:34

AFSA Open Days Initiative

Every Thursday according to the schedule, AFSA Executive Body Members and the Registrar of Companies are going to welcome participants, and anyone interested in learning about AFSA or providing improvement advice on AFSA s business processes. From its

AFSA

15 August 2023 07:49

Consultation Paper on the proposed AIFC Security Token Offering Framework

The Astana Financial Services Authority (AFSA) has issued this Consultation Paper to seek suggestions from the market on the Policy paper and proposed AIFC Security Token Offering Framework (STO Framework). The Consultation Paper is available via this

AFSA

14 August 2023 12:57

Consultation Paper on the proposed AIFC Stablecoin Framework

AFSA has issued the Consultation Paper on the proposed AIFC Stablecoin Framework ( Framework ) to seek suggestions from the market. The Consultation Paper is available via this link

AFSA

11 August 2023 09:29

Consultation Paper on the proposed amendments to AIFC Fees Rules

The Astana Financial Services Authority (AFSA) has issued the Consultation Paper on the proposed amendments to AIFC Fees Rules to seek suggestions from the market. The Consultation Paper can be accessed via this link

AFSA

15 June 2023 06:19

AFSA has released its Policy Statement on its Approach to Banks and Start-Up Banks

The Astana Financial Services Authority (AFSA) has released its Policy Statement on AFSA s approach to Banks and start-up Banks (Policy Statement). This statement clarifies the approach of AFSA to entities applying for authorisation to become a bank in

AFSA

14 June 2023 15:06

Registrar of Companies suspends the activity of the Representative Office of HITBEAT MUSIC INC. in the AIFC

The Registrar of Companies has suspended the activity of the Representative Office of HITBEAT MUSIC INC., which was registered in the AIFC as a Recognised Company (the Recognised Company ) on 4 October 2021.The suspension is made because the Registrar