Kazakhstan has launched the Astana International Financial Center with the ambition of becoming a new financial hub following Hong Kong, Shanghai and Dubai. The Astana International Exchange – launched recently – is a regional platform to attract investment to Kazakhstan and the Central Asian Region linked to the Belt and Road Initiative. The AIX has […]
The Qatar Financial Centre Regulatory Authority (“QFC Regulatory Authority”) has entered into a Memorandum of Understanding (“MoU”) with the Astana Financial Services Authority (“ASFA”). The signing ceremony was held on the side lines of the official opening of the Astana International Financial Centre. The MoU was signed by Mr Michael G. Ryan, Chief Executive Officer […]
The Astana Financial Services Authority (AFSA) and the Adu Dhabi Global Market recently enhanced their bi-lateral relationship when the AFSA Chief Executive Officer Mr. Stephen Glynn and Chief Executive of the Registration Authority of Abu Dhabi Global Market (ADGM) Mr. Dhaher Bin Dhaher Al Mheiri signed a Statement of Cooperation between registrars. The objective of the Statement of […]
On the 29 April 2018 the Astana Financial Services Authority (the AFSA) decided to waive until 1 January 2021 the license application fees for regulated, market and ancillary services in the Astana International Financial Centre (the AIFC) as well as the fees for recognition of non-AIFC market institutions and non-AIFC members of market institutions. The waiver will not apply to […]
The Astana Financial Services Authority (AFSA), the regulatory body of the Astana International Financial Centre (AIFC), has been accepted as an associate member of the International Organization of Securities Commissions (IOSCO). The IOSCO is an international standard setting body that brings together the world’s securities regulators and is recognised as the global standard setter for […]
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) and the Astana Financial Services Authority of Astana International Financial Centre (AFSA-AIFC) have signed a Memorandum of Understanding (MoU) at the side of the Annual Conference of the International Organization of Securities Commissions (IOSCO) held in Budapest. The agreement enables both Authorities to […]
The Astana International Financial Centre (AIFC) Management Council has appointed Lady Barbara Judge CBE as Chairman of the Board of Directors of the Astana Financial Services Authority (AFSA). Lady Judge, a commercial lawyer, has a broad and successful international career as a senior executive, chairman and non-executive director in both the private and public sectors, […]
The document has been signed by Mr. Stephen Glynn, the Chief Executive Officer of the Astana Financial Services Authority and Mr. Liu Shiyu, Chairman of China Securities Regulatory Commission (CSRC) The MoU is the first such agreement to be signed by the Astana Financial Services Authority with an international regulator. By signing the MoU the […]
AFSA Chief Executive Office Mr. Stephen Glynn said the launch represents a significant milestone in the development of Kazakhstan’s financial and capital markets. The AFSA aims to be a globally respected regulator of financial services and capital markets in Eurasia. The AFSA has embarked on a mission to deliver a legal and regulatory framework that […]