News

AFSA

26 February 2024 12:19

AIFC participants receive wider access to Kazakhstan's financial market

The list of financial services that participants of the Astana International Financial Centre can provide to residents of Kazakhstan has been expanded. 12 February this year the National Bank of the Republic of Kazakhstan (NB RK), the Agency of the

AFSA

07 February 2024 14:03

AIFC hosts a workshop on safe use of digital assets

The Astana International Financial Centre is hosting a workshop "Cryptocurrency in Central Asia: Navigating FATF Recommendation 15 - Challenges and Best Practices", which discussed ways to ensure safe and responsible use of cryptocurrency.During the

AFSA

02 February 2024 12:24

AFSA alerts to a fake email in which it is impersonated

The Astana Financial Services Authority (AFSA) alerts the public that the following email address: [email protected] is a fake email address in which AFSA is impersonated.It came to the attention of AFSA that scammers used the email address to send

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