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 […]
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 […]
Astana Financial Services Authority announces Digital Resident portal has been updated for online applications for registration. AFSA Office of the Registrar of Companies currently receives only online applications for registration. To submit an application, please tap the link and follow the instructions below:Step 1. Open the link Step 2. Login or create your accountStep 3. […]
Astana Financial Services Authority (AFSA) has conducted a webinar for authorised persons concerning recent amendments to Kazakhstan’s anti-money laundering (AML) and counter terrorist financing (CTF) law. The webinar was attended by regulated firms who are subject to anti-money laundering supervision. About 50 participants attended the session, including from Authorised Firms, Authorised Market Institutions and FinTech […]
On 1 July 2020 Astana Financial Services Authority (AFSA) held a webinar for Designated Non-Financial Business and Professions (DNFBPs) on different aspects of the amendments to Kazakhstan’s anti-money laundering (AML) and counter-terrorist financing (CTF) law signed by the President of Kazakhstan on 13 May 2020. Over 16 participants from 13 DNBFPs attended the session. The […]
Astana Financial Services Authority (AFSA) has introduced a series of amendments to AIFC Acts (AIFC Market Rules, AIFC Prudential Rules for Investment Firms and AIFC Glossary) in order to enhance AIFC capital markets and market institutions framework. These amendments come as part of the AIFC strategy to develop the capital market segment of the Financial […]
Astana International Financial Centre (AIFC) informs this week that the Astana Financial Services Authority (AFSA) registers the 500th firm in the AIFC. AIFC has rapidly grown over the last years and became home for firms from more than 42 countries. Including Kazakhstan, United Kingdom, USA, China, Russia, Estonia, Latvia, Italy, Finland, China, South Korea, Singapore, […]
Astana Financial Services Authority (AFSA) has simplified supervisory requirements for Authorised Firms carrying on Regulated Activity of Operating a Representative Office. The liberalisation of the supervisory measures for the Representative Office relate to the waiver of the following requirements: (1) residency requirement for a Principal Representative; (2) mandatory appointments of Approved and Designated Individuals; (3) […]
Astana Financial Services Authority (AFSA) has adopted a Guide on Authorisation process and a Guide on setting up an investment fund in the AIFC. Both documents were developed to enhance understanding of applicants on the matters AFSA takes into consideration when assessing applications for authorisation of firms and establishing Fund Manager and Funds in the […]