The Astana Financial Services Authority (AFSA) has issued a Consultation Paper on the proposed AIFC family offices framework to seek suggestions from the market.
The proposals in this paper will be of interest to families or entities who are looking for an attractive base to establish family offices. In particular, family businesses, legal advisors, advisers to families, and wealth managers.
The Consultation Paper consists of:
Part I – Background;
Part II – Proposals;
Part III – Public Consultation Questions;
Annex 1 – Proposed Amendments to the AIFC Rules.
During the public consultation, both existing and potential market participants are invited to comment on the questions outlined in Part III of the Consultation Paper.
The deadline for providing comments is 25 April 2024. Once we receive your comments, we shall consider if any refinements are required to this proposal.
AFSA prefers to receive comments by email at [email protected].
To get familiarised with the Consultation Paper, please follow this link.
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