Fairness, transparency, investor protection, and confidence are the pillars upon which the Astana Financial Services Authority (AFSA) at the AIFC was founded. They are the hallmarks of good regulatory frameworks. The AFSA will continue developing and strengthening its legal and regulatory framework that supports and inspires innovation by providing a platform to launch financial and regulatory technologies, products and services, as well as adopting a consultative and business friendly approach with those who wish to carry out any of the regulated ancillary and other activities offered within the AIFC.
AFSA contributes to the development of the AIFC through the establishment of a robust, yet business-friendly, regulatory framework in the AIFC with a view to facilitating the development of capital markets, banking, insurance and financial technologies in Kazakhstan. The regulatory framework of the AIFC allows it to carryout abroad range of financial and non-financial services, directly enabling new forms of economic activities in Kazakhstan and indirectly facilitating investments and job creation throughout the country.
