News
News
AFSA
29 December 2023 15:12
AFSA has adopted Rules on interaction of Digital Asset Service Providers and commercial banks of Kazakhstan.
The Astana Financial Services Authority (AFSA), in collaboration with national regulatory authorities, is pleased to announce the formulation of comprehensive rules that enhance the interaction between a broader range of licensed entities within the
AFSA
28 December 2023 06:49
Astana Financial Services Authority (AFSA) Introduces Stablecoin Framework
The Astana Financial Services Authority (AFSA) has introduced its first comprehensive Stablecoin Framework, to take effect from 1 January 2024. It is a pivotal addition to the AIFC Rules on Digital Asset Activities. This framework is developed to ensure
AFSA
26 December 2023 13:41
Security Token Offering Framework takes effect at AIFC jurisdiction on 1 January 2024
AFSA has developed the AIFC Security Token Offering Framework (the STO framework ) to introduce a comprehensive regulatory regime that governs the issuance and trading of Security Tokens within the Astana International Financial Centre (AIFC). This
AFSA
25 December 2023 11:06
Crowdfunding applicants to transition to full regulatory regime at AFSA
Entities applying to obtain a License to carry on the Market Activities of "Operating a Loan Crowdfunding Platform" and "Operating an Investment Crowdfunding Platform" (Crowdfunding activities) will be subject to the full regulatory regime and approach
AFSA
22 December 2023 09:51
AFSA has published amendments to the AIFC Fees Rules
The amendments take effect from 1 January 2024 and mainly include amendments to supervision fees and fees payable to the Registrar of Companies and provide greater clarity on the application of the fees.New fees have been introduced with regards to the
AFSA
20 December 2023 12:17
AFSA introduces Environmental, Social, and Governance (ESG) Fund
In a significant move towards fostering sustainable and responsible investment practices, AFSA has amended the AIFC Collective Investment Scheme Rules to introduce an Environmental, Social, and Governance (ESG) Fund as a new type of Specialist
AFSA
19 December 2023 12:19
AFSA has amended Practical Guidance to AIFC Anti-Money Laundering Framework
The amendments to the Practical Guidance provide explanations on the existing Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) requirements on AML audit imposed by AIFC AML/CTF and Sanctions Rules ( Rules ) and do not introduce any
AFSA
08 December 2023 09:49
Assets under Management at AIFC reach record high in Q3 of 2023
Assets under Management (AUM) at AIFC grew 52% in Q3 of 2023 since Q1 of the same year, reaching an all-time high of $1 bln encompassing both asset and fund managers. This constitutes an almost two-fold increase against the same period last year. The
AFSA
27 November 2023 06:36
The Astana Financial Services Authority (AFSA) and Magyar Nemzeti Bank (MNB) in agreement to enhance cooperation
The Astana Financial Services Authority (AFSA) and Magyar Nemzeti Bank (MNB) have signed a Memorandum of Understanding (MoU) on 24 November 2023 on the margins of the Budapest Eurasia Forum.This significant accord marks intention of both regulators to
AFSA
24 November 2023 12:41
AFSA and the National Agency of Perspective Projects of the Republic of Uzbekistan agree on cooperation and mutual assistance
The Astana Financial Services Authority (AFSA) and the National Agency of Perspective Projects of the Republic of Uzbekistan ( NAPP ), have signed in Tashkent a Memorandum of Understanding (MoU) that aims to foster cooperation, mutual assistance, and
AFSA
22 November 2023 07:49
AFSA publishes amendments to its Financial Services Framework Regulations
The Astana Financial Services Authority (AFSA) has revised its Financial Services Framework Regulations (FSFR) and made a number of changes to them and other relevant rules. The amendments aim to ensure that the Astana International Financial Centre
AFSA
21 November 2023 13:20
AFSA announces new Rulebook on Digital Asset Activities
The Astana Financial Services Authority (AFSA) has published its new Rulebook on Digital Asset Activities, which is taking effect on 1 January 2024.AFSA Chief Executive Officer Nurkhat Kushimov: The Rulebook was developed in close collaboration and
AFSA
17 November 2023 09:22
AFSA and the Financial Regulatory Commission of Mongolia agree on cooperation and mutual assistance
The Astana Financial Services Authority (AFSA) has signed a Memorandum of Understanding (MoU) with the Financial Regulatory Commission of Mongolia. The purpose of the MoU is to enable mutual cooperation in areas relating to sharing of information and
AFSA
10 November 2023 06:29
Branch of Asyl Tukymdy Sharuashylyk Ordabasy Sut Onymdery LLP of the AIFC falsely claims to be registered and licenced at AIFC
The Astana Financial Services Authority (AFSA) alerts the financial services community and the public to a company called Branch of Asyl Tukymdy Sharuashylyk Ordabasy Sut Onymdery LLP of the AIFC that falsely claims to be registered and licenced under
AFSA
03 November 2023 11:20
Communication regarding the situation involving the SPB Exchange - shareholder of International Trading System Limited
AFSA is closely monitoring the situation and is at the stage of assessing the degree of impact of sanctions against the SPB Exchange on the activities of International Trading System Limited (ITS).The regulator attaches paramount importance to ensuring
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