Посты с тэгом: AFSA

Astana Financial Services Authority (AFSA) and Danish Financial Supervisory Authority (Finanstilsynet) signed a Memorandum of Understanding for cooperation in supervision of alternative investment fund managers (AIFM) under the EU’s AIFM directive. This MoU sets the framework conditions for AIFC fund managers to market and manage alternative investment funds, such as hedge funds, private equity and real estate funds to professional investors in Denmark, as well as for Denmark to manage or market alternative investment funds in the AIFC.

In view of growing globalization of the world’s financial markets and the increase in cross-border operations and activities of managers of alternative investment funds formalization of cooperation between AFSA and Finanstilsynet will allow mutual assistance in the supervision of Managers of alternative investment funds, their delegates and depositaries that operate on a cross-border basis. Through the MoU, supervisory authorities expressed their willingness to cooperate with each other in the interest of fulfilling their respective regulatory mandates, particularly in the areas of investor protection, fostering market and financial integrity, and maintaining confidence and financial stability.

AFSA will hold capacity building events for the AIFC participants and law companies. There will be four sessions during 2021 year. 
Details of the first online session are provided below.

Date: 26 March 2021
Venue: Zoom
Topic: “How to make an online application via Digital resident?”

Agenda:  

4.00 – 4.15 pm (Nur-Sultan)
I. Registration of Private company – whole process via Digital Resident
Dameli Tungatarova, Registration Division
– Name reservation
– Requirements for registration
– List of supporting documents
– Application process via Digital resident
– Frequent mistakes

4.15 – 4.30 pm (Nur-Sultan)
II. In-principle – whole process via Digital Resident
Amir Negametzyanov, FinTech Division
– Pre-Application stage and Certificate of FinTech Lab participant
– Application stage – detailed view on application
– Application processing by case-officer
– In-principle and license notice (in-principle requirements)
– Further actions (go-live)

4.30 – 4.45 pm (Nur-Sultan)
III. Ancillary services in-principle approval – whole process via Digital Resident
Assel Mukashkaliyeva, Authorisations Division
– Types of ASPs and relevant legislation (GEN, AML, COB, AUD)
– Supporting documents to prepare prior to applying
– The digital resident application structure
– What information does Authorisations Division look for in the application
– Timeline for processing application

4.45 – 5.00 pm (Nur-Sultan)
Q&A session

If you are interested, please register through the link before 20 March 2021 or scan QR code below.

Zoom meeting details of the event will be sent to participants on 25 March 2021.

On 25 February 2021 Astana Financial Services Authority partnering with Refinitiv held an online event on the topic “Risk and compliance: New global trends in AML/CFT/CPF areas in 2021”.  The event focused on gaining insights into global trends in anti-money laundering (AML), combating terrorism financing (CTF) and central provident fund (CPF) areas as well as the actions financial institutions need to take or are currently taking to address current financial crime risks.  

Yerkegali Yedenbayev, Director of Financial Conduct at the Astana Financial Services Authority provided a high-level overview on AML/CFT supervision in AIFC, underlying requirements and covered the importance of AML supervision as part of broader regulatory work. 

Dulat Akkassov, Senior Associate at Financial Conduct division of Astana Financial Services Authority, delivered a presentation about AML/CFT regulation policies in the AIFC.   

The event welcomed 135 participants overall. The full video version of the webinar is available here. 

All partnership enquires on joint events can be addressed to [email protected]

Reference:
Refinitiv, an LSEG (London Stock Exchange Group) business, is one of the world’s largest providers of financial markets data and infrastructure. With over 40,000 customers and 400,000 end users across 190 countries, Refinitiv is powering participants across the global financial marketplace. Refinitiv provides information, insights, and technology that enable customers to execute critical investing, trading and risk decisions with confidence. By combining a unique open platform with best-in-class data and expertise, Refinitiv connects people to choice and opportunity – driving performance, innovation and growth for its customers and partners. 

Astana Financial Services Authority (AFSA) and Croatian Financial Services Supervisory Agency (Hanfa) signed a Memorandum of Understanding for cooperation in supervision of alternative investment fund managers (AIFM) under the EU’s AIFM directive. This MoU sets the framework conditions for AIFC fund managers to market and manage alternative investment funds, such as hedge funds, private equity and real estate funds to professional investors in Croatia, as well as for Croatia to manage or market alternative investment funds in the AIFC.

In view of growing globalization of the world’s financial markets and the increase in cross-border operations and activities of managers of alternative investment funds formalization of cooperation between AFSA and Hanfa will allow mutual assistance in the supervision of Managers of alternative investment funds, their delegates and depositaries that operate on a cross-border basis. Through the MoU, supervisory authorities expressed their willingness to cooperate with each other in the interest of fulfilling their respective regulatory mandates, particularly in the areas of investor protection, fostering market and financial integrity, and maintaining confidence and financial stability.

Astana Financial Services Authority (AFSA) and Finantsinspektsioon of Estonia signed a Memorandum of Understanding for cooperation in supervision of alternative investment fund managers (AIFM) under the EU’s AIFM directive. This MoU sets the framework conditions for AIFC fund managers to market and manage alternative investment funds, such as hedge funds, private equity and real estate funds to professional investors in Estonia, as well as for Estonia to manage or market alternative investment funds in the AIFC.

In view of growing globalization of the world’s financial markets and the increase in cross-border operations and activities of managers of alternative investment funds formalization of cooperation between AFSA and Finantsinspektsioon will allow mutual assistance in the supervision of Managers of alternative investment funds, their delegates and depositaries that operate on a cross-border basis. Through the MoU, supervisory authorities expressed their willingness to cooperate with each other in the interest of fulfilling their respective regulatory mandates, particularly in the areas of investor protection, fostering market and financial integrity, and maintaining confidence and financial stability.

Astana Financial Services Authority in cooperation with the Association of Financiers of Kazakhstan has held a series of webinars for the representatives of the financial sector of Kazakhstan.

The webinars were intended to raise awareness of Kazakhstan’s financial community on setting up in AIFC, regulatory regime in AIFC, operation of banks and investment funds in AIFC and covered following topics:

• 10 February 2021 – The Licensing of AIFC Participants
• 17 February 2021 – Comparative analysis of regulatory requirements for banks in the AIFC and branches of international banks in accordance with Kazakhstani legislation
• 24 February 2021 – Prudential regulation of banks in the AIFC
• 3 March 2021 – Regulation of collective investment schemes in the AIFC

The events attracted over 180 participants from the Kazakhstani finance sector and gave opportunity for the participants to learn more about regulatory environment of the AIFC. These are second series of webinars which have built on the success of first series of webinars conducted in September – October 2020.

AFSA is keen to organize more webinars for the public and will continue its efforts of increasing awareness on conducting operations in and from AIFC.

For questions and requests you can write to [email protected]

Astana Financial Services Authority (AFSA) and Financial Supervisory Authority (ASF) of Romania signed a Memorandum of Understanding for cooperation in supervision of alternative investment fund managers (AIFM) under the EU’s AIFM directive. This MoU sets the framework conditions for AIFC fund managers to market and manage alternative investment funds, such as hedge funds, private equity and real estate funds to professional investors in Romania, as well as for Romania to manage or market alternative investment funds in the AIFC.

In view of growing globalization of the world’s financial markets and the increase in cross-border operations and activities of managers of alternative investment funds formalization of cooperation between AFSA and ASF will allow mutual assistance in the supervision of Managers of alternative investment funds, their delegates and depositaries that operate on a cross-border basis. Through the MoU, supervisory authorities expressed their willingness to cooperate with each other in the interest of fulfilling their respective regulatory mandates, particularly in the areas of investor protection, fostering market and financial integrity, and maintaining confidence and financial stability.

Astana Financial Services Authority (AFSA) and Bank of Lithuania signed a Memorandum of Understanding for cooperation in supervision of alternative investment fund managers (AIFM) under the EU’s AIFM directive. This MoU sets the framework conditions for AIFC fund managers to market and manage alternative investment funds, such as hedge funds, private equity and real estate funds to professional investors in Lithuania, as well as for Lithuania to manage or market alternative investment funds in the AIFC.

In view of growing globalization of the world’s financial markets and the increase in cross-border operations and activities of managers of alternative investment funds formalization of cooperation between AFSA and Bank of Lithuania will allow mutual assistance in the supervision of Managers of alternative investment funds, their delegates and depositaries that operate on a cross-border basis. Through the MoU, supervisory authorities expressed their willingness to cooperate with each other in the interest of fulfilling their respective regulatory mandates, particularly in the areas of investor protection, fostering market and financial integrity, and maintaining confidence and financial stability.

Astana Financial Services Authority (AFSA) held the webinars for Authorised Persons (Authorised Firms, Authorised Market Institutions and FinTech Lab Participants) and DNFBPs (including Ancillary Services Providers as law firms, audit firms, accountancy firms and Company Services Providers) on different aspects of:

• the amendments to AML Guidance implemented in compliance with amendments to Kazakhstan’s AML/CFT Law;
• New Guidance on non-face to face Customer Due Diligence (CDD);
• List of financial and ancillary services subject to the financial monitoring (List).

On 3 February 2021, the AML/CFT Webinar was organised and held for DNFBPs, where 24 out of 57 DNBFPs attended the session.

On 4 February 2021, the AFSA organised the Webinar for Authorised Persons, where over 36 participants attended the session (9 Authorised Firms, 2 Authorised Market Institutions and 5 FinTech Lab Participants).

The webinars were devoted to the amendments to AML Guidance and details of the Guidance on non-face to face CDD and the List adopted by the AFSA on 30 December 2020. Main issues such as key and related amendments relating to the relevant AIFC Participants and the requirements of Guidance on non-face to face CDD include identification and verification, ML/FT risk management, and record-keeping in the case of non-face to face business relations and CDD were discussed.

The webinars were also focused on the amendments to AML Guidance and the requirements of a new Guidance on non-face to face CDD, which should be implemented by Authorised Persons and DNFBPs in its AML policies, controls, and procedures.