Regulatory Alerts2023-06-27 | https://aifc.kz/legal-framework/guidance-for-fund-management-activity-and-funds-in-the-aifc/Guidance for Fund Management Activity and Funds in the AIFC
The Astana Financial Services Authority (AFSA) issued this guidance to clarify the legal framework and authorization processes for establishing and managing Collective Investment Schemes in the Astana International Financial Centre. The document details capital and liquidity requirements for domestic and foreign fund managers, outlines the classification of funds into exempt and non-exempt categories, and specifies the step-by-step registration procedures. It further defines permissible fund vehicles, specialist fund types, and the regulatory obligations regarding outsourcing and ongoing supervision.
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