Joint Order between AIFC and MoF on AML and Counter-Terrorist Financing

Astana International
Financial Centre
11 July 2018
No. 65
Astana
Ministry of Finance of the
Republic of Kazakhstan
19 July 2018
No. 678
JOINT ORDER
Concerning some issues related to counteracting legalisation (laundering) of proceeds obtained through criminal means and financing of terrorism In pursuance of the Constitutional Statute of the Republic of Kazakhstan dated 7 December 2015 "On the Astana International Financial Centre” and the Law of the Republic of Kazakhstan dated 28 August 2009 “On counteracting legalisation (laundering) of proceeds obtained through criminal means and financing of terrorism” HEREBY WE ORDER:

1. The Astana Financial Services Authority shall follow the legislation of the
   Republic of Kazakhstan on counteracting legalisation (laundering) of proceeds obtained through criminal means, and financing of terrorism in the course of supervision over the AIFC participants which are the entities under financial monitoring (“Relevant AIFC Participants”).
2. The Relevant AIFC Participants shall follow the Resolution of the Government
   of the Republic of Kazakhstan No. 1484 dated 23 November 2012 "On Approval of the rules for submission by entities under financial monitoring of data and information on transactions subject to financial monitoring and the criteria for determining a suspicious transaction» in the course of submission of data and information on transactions, which are subject to financial monitoring, to the Committee on financial monitoring of the Ministry of Finance of the Republic of Kazakhstan (“FIU”).
3. The Astana Financial Services Authority (“AFSA”) shall provide the
   information from its own information systems and resources upon a request of the FIU.
4. The Guidelines (Requirements) applicable to the “Rules on internal control for
   the purposes of counteracting anti-money laundering and counter-terrorist financing” to be adopted by the Relevant AIFC Participants shall be approved by a joint act of the Ministry of Finance and the Astana International Financial Centre in accordance with the legislation of the Republic of Kazakhstan on counteracting legalisation (laundering) of proceeds obtained through criminal means and financing of terrorism.

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5. The FIU and the AFSA shall jointly deliver and (or) develop clarifications for
the Relevant AIFC Participants in relation to counteracting legalisation (laundering) of proceeds obtained through criminal means and financing of terrorism.
6. The supervision over the implementation of this joint order shall be vested with
Chairman of the FIU and the CEO of the AFSA.
7. This joint order shall come into force on the day of its signing by the last of the
signers and publishing on the website of the AIFC.
Governor of the Astana
International Financial Centre

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K. Kelimbetov
Minister of Finance of the Republic of Kazakhstan ____________________ B. Sultanov