January 13, 2021
Astana Financial Services Authority and Financial and Capital Market Commission of Latvia signed a Memorandum of Understanding for cooperation in supervision of alternative investment fund managers

Astana Financial Services Authority (AFSA) and Financial and Capital Market Commission of Latvia (FCMC) signed a Memorandum of Understanding for cooperation in supervision of alternative investment fund managers (AIFM) under the EU’s AIFM directive. This is the first MoU on alternative investment funds which was coordinated by the European Securities and Markets Authority after its […]

January 12, 2021
AFSA revises requirements of financial and ancillary services to be monitored for purposes of AML/CFT

In order to further guide and assist on AML/CFT matters the AFSA would like to bring the attention of the Participants of the Astana International Financial Centre to the following: (1) List of financial and ancillary services for purposes of anti-money laundering and combatting the financing of terrorismOn 30 December 2020, Astana Financial Services Authority […]

December 31, 2020
Astana Financial Services Authority: highlights of activities in 2020

Nur-Sultan, Kazakhstan – Astana Financial Services Authority is pleased to present the key outcomes of its activities in 2020: Registration: 287 new registered participants (overall, 650 companies from 49 countries are registered now in the AIFC); Registration process has been 100% digitalised as of September 2020 and registration procedures duration shortened from 7 days in […]

November 20, 2020
AFSA becomes a signatory of IOSCO Enhanced Multilateral Memorandum of Understanding concerning cross-border enforcement cooperation

Nur-Sultan, Kazakhstan – the Astana Financial Services Authority (AFSA) has become a signatory to the IOSCO Enhanced Multilateral Memorandum of Understanding Concerning Consultation and Cooperation and the Exchange of Information (EMMoU). The decision came on margins of the Annual Meeting of IOSCO held virtually this year from 9 to 18 November 2020. In particular, the […]

November 11, 2020
Astana Financial Services Authority and Securities and Exchange Commission of Cyprus agreed to boost cooperation in capital markets

Astana Financial Services Authority (AFSA) has signed a bilateral Memorandum of Understanding and Cooperation (MoU) agreement and an Alternative Investment Fund Managers Memorandum of Understanding (AIFMD MoU) with the Cyprus Securities and Exchange Commission (CySEC).   The signing of the MoU will enhance cooperation between the two supervisory authorities, aiming specifically to facilitate the exchange […]

October 1, 2020
AIFC is organising the World Investor Week

Nur-Sultan, Kazakhstan – AIFC is organising Virtual World Investor Week from 5 to 9 October 2020. The purpose of the event is to raise awareness about financial services consumers’ rights and about basic principles of investing. Organizer is Astana Financial Services Authority (AFSA) at the Astana International Financial Center (AIFC). The co-organizers are the AIFC […]

October 1, 2020
Mukhtar Bubeyev is appointed as the CEO of Astana Financial Services Authority

Nur-Sultan, Kazakhstan – Mr. Mukhtar Bubeyev is appointed as the Chief Executive Officer of the Astana Financial Services Authority (AFSA) from 1 October 2020 by the decision of the Board of Directors of the AFSA. Mr. Bubeyev is a qualified professional in banking supervision and financial services sector. Previously he was heading banking supervision at […]

September 28, 2020
Astana Financial Services Authority becomes 75th member to IAIS cooperation and information exchange agreement

Nur-Sultan, Kazakhstan – Astana Financial Services Authority has become the 75th member of the International Association of Insurance Supervisors (IAIS) Multilateral Memorandum of Understanding (MMoU). Adopted on 15 February 2007, the IAIS MMoU provides a global framework of compliance and confidentiality to allow for open cooperation and exchange between insurance supervisors. With 75 signatories, the […]

September 16, 2020
AFSA licenced and recognised firms can receive access to free trials of Bloomberg Terminals

Astana Financial Services Authority (AFSA) announces the firms that are licenced and recognised by AFSA are eligible to receive AFSA-supported access to free-trials of Bloomberg Terminals. The Bloomberg Terminal is a technology solution that brings together financial data, breaking news, in-depth research, powerful analytics, communications tools and trading technology in one fully integrated solution.The following […]