The Astana Financial Services Authority (“AFSA”) hereby issues this public alert concerning fraudulent activities involving the unauthorised use of the name Kantai Securities Limited and Kantai Wealth Management Ltd. (the “Company”). Kantai Securities Limited (BIN 180740900057) is a company registered in the Astana International Financial Centre (“AIFC”) and holds an AFSA licence (No. AFSA-A-LA-2021-0003, dated […]
The Astana Financial Services Authority (AFSA) has issued Guidance on the Application of Annual Supervision Fees to provide clarity on the calculation of annual supervision fees where different licences for Regulated Activities or Market Activities are combined. The Guidance is issued in the context of the annual supervision fee framework under the AIFC Fees Rules […]
The Astana Financial Services Authority (AFSA) has imposed financial penalties on Veritas Group Limited and S1LK PAY Ltd. (each, a “Company”, and together, the “Companies”, noting that they do not form part of the same group) following regulatory breaches identified as part of investigations conducted by the AFSA and resolved by settlement. The AFSA fined […]
The Astana Financial Services Authority (AFSA) has imposed a financial penalty on Verum Payments Limited (“Company”) following regulatory breaches identified as part of an investigation conducted by the AFSA and resolved by settlement. The AFSA fined Verum Payments Limited in the amount of USD 21,854 following settlement of the breaches. The Company accepted the AFSA’s […]
The Astana Financial Services Authority (AFSA) has issued a new Guidance relating to the Derivatives framework within the Astana International Financial Centre (AIFC). The Guidance clarifies margin requirements for Retail Clients under the AIFC Conduct of Business Rules, setting out minimum margin expectations across different categories of underlying assets to ensure consistent application and proportionate […]
The Astana Financial Services Authority (“AFSA”) hereby issues a public alert regarding the regulatory status of Unilive Central Asia Ltd. (“the Company”) and concerns relating to the promotion of investment and digital asset services in connection with the Company. The Company was registered in the Astana International Financial Centre (“AIFC”) under BIN 260240901514 on 26 […]