News

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

AFSA

02 November 2023 13:19

AFSA issues Consultation Papers on proposed amendments to the AIFC CIS Rules on ESG Funds and revised proposed amendments to the AIFC Fees Rules

The Astana Financial Services Authority (AFSA) has issued the following Consultation Papers to seek suggestions from the market on: Proposed amendments to the AIFC Collective Investment Scheme Rules on ESG Funds. It is proposed to introduce the

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