Regulatory Alerts2024-06-23 | https://aifc.kz/legal-framework/conduct-of-business-rules/Added · Updated
Amendments No. 15 to AIFC Conduct of Business Rules
Amendments No. 15 to the AIFC Conduct of Business Rules, approved on 7 December 2025 and commencing on 1 January 2026, modify the exclusions in section 1.2.2 regarding which Centre Participants are exempt from specific COB requirements. The text specifies that Authorised Crowdfunding Platforms are exempt from most COB rules except for COB 3, COB 4, COB 7, COB 8, and COB Schedule 2, while Money Service Providers are exempt except for COB 3, COB 4, COB 7, COB 8, COB 15, COB 16, COB Schedule 2, and COB Schedule 5. For Authorised Crowdfunding Platforms, references to 'Authorised Firms' are read as 'an Authorised Crowdfunding Platforms', 'Regulated Activities' as 'Market Activities', 'Professional Client' or 'Market Counterparty' as 'Accredited Lender or Accredited Investor', and 'Retail Client' as 'Retail Lender or Retail Investor'.
More like this from AFSA
We email you every new AFSA publication the day it's published.