July 2, 2019
200 companies registered in AIFC jurisdiction

The Astana Financial Services Authority (AFSA) registered the 200th company with the AIFC. This event coincided with the holding of Astana Finance Days, the annual financial conference that traditionally brings together global experts and government officials, representatives of business and academia in early July. The geography of registered participants of the AIFC covers more than […]

April 26, 2019
China Construction Bank Corporation receives licence at the AIFC

China Construction Bank Corporation (CCB) received a licence to carry out financial services at the Astana International Financial Centre. CCB is authorised to carry on the banking services and capital market operations through its Astana Branch in the AIFC. CCB is second largest bank in the world by total assets and is the first fully authorised […]

April 22, 2019
Astana Financial Services Authority signed the Memorandum of Understanding with Financial Services Commission and Financial Supervisory Services of Republic of Korea

The Astana Financial Services Authority (AFSA) has entered into a Memorandum of Understanding (MoU) with the Financial Services Commission (FSC) and Financial Supervisory Services (FSS) of Republic of Korea. The MoU was signed by Mr. Mukhtar Bubeyev, the Acting Chief Executive Officer of the AFSA, Mr. Yong Beom Kim, the Vice Chairman of the FSC and […]

April 2, 2019
Astana Financial Services Authority and National Bank of the Republic of Kazakhstan signed an Assistance and Cooperation Agreement

The Astana Financial Services Authority (AFSA) has entered into the Agreement with the National Bank of the Republic of Kazakhstan (NBRK) in relation to mutual co-operation. The Agreement will provide for formal cooperation arrangements, including exchange of information and assistance in performing of supervisory functions. In particular, it allows the exchange of information to fulfill the […]

February 19, 2019
Astana Financial Services Authority and Banking Regulation and Supervision Agency of Turkey signed the Memorandum of Understanding

The Astana Financial Services Authority (“AFSA”) has entered into a Memorandum of Understanding (“MoU”) with the Banking Regulation and Supervision Agency of Turkey (“BRSA”) in support of regulatory cooperation in banking industry. The signing ceremony was held in Istanbul, Turkey on 12 February 2019. The MoU was signed by Mr. Mukhtar Bubeyev, the Acting Chief […]

February 1, 2019
AFSA jointly with global regulators launches GFIN (Global Sandbox)

The Global Financial Innovation Network (GFIN) is a newly-formed alliance of 28 financial regulators and organisations including, Financial Conduct Authority of the UK, International Monetary Fund, World Bank Group and Astana Financial Services Authority, committed to:  (1) collaborate and share experience of innovation in respective markets;  (2) exchange of knowledge and lessons learned in RegTech […]

November 26, 2018
AFSA has joined Group of Banking Supervisors from Central and Eastern Europe

The ceremony of joining the Group of Banking Supervisors from Central and Eastern Europe (BSCEE), a regional group of Basel Committee on Banking Supervision, took place on 26 November 2018 in Abu Dhabi on the margins of the International Conference on Banking Supervision of the Basel Committee. Membership of the Astana Financial Services Authority (AFSA) […]

November 13, 2018
Astana Financial Services Authority, Astana International Financial Centre Authority and Monetary Authority of Singapore sign Co-operation Agreement to enhance fintech innovations

Monetary Authority of Singapore (“MAS”), Astana Financial Services Authority (“AFSA”) and Astana International Financial Centre Authority (“AIFCA”) have signed a tripartite Cooperation Agreement to boost FinTech ties between Singapore and Kazakhstan. The Agreement provides a framework for cooperation between AFSA, AIFCA and MAS in FinTech innovations, allowing the three authorities to explore possibilities of joint […]

November 8, 2018
AFSA and Bank of Lithuania sign Co-operation Agreement to promote innovation in financial services

The Astana Financial Services Authority (“AFSA”) has established cooperation with Bank of Lithuania. Agreement provides a framework for co-operation, information sharing and referrals in fintech innovations area between the AFSA and Bank of Lithuania. Parties believe that through co-operation with each other, they will be able to further the promotion of innovation in their respective […]