[2] The Constitutional Statute "On the Astana International Financial Centre" approved on 7 December 2015 provides a legal framework for the functioning of the AIFC as well as a favourable environment for its participants.
[4] Specially designed conditions, such as regulation in accordance with the highest international standards, a robust financial infrastructure, an autonomous judicial system, and an emphasis on innovation and expertise, are employed to enable businesses to attract capital.
[8] AIFC has steadily emerged as a significant platform, not only for Kazakhstan but for the entire Central Asian region, establishing itself as a dynamic hub for finance and investment.
AIX was created to develop the public equity and debt capital markets in Kazakhstan and Central Asian region.
[12] AIX shareholders include the AIFC, Goldman Sachs GS, the Shanghai stock exchange, and China's Silk Road Fund.
AIX's first trading session was held on November 14, 2018, coinciding with the 25th anniversary of tenge, the national currency of Kazakhstan.
[21] In 2023, GFC verified around 60% of green bonds and loans in Kazakhstan, demonstrating its significant influence in the broader Central Asian region.
GFC is the only company in Central Asia accredited by the International Capital Markets Association (ICMA) and the Climate Bonds Initiative.
[22] FinTech Lab is a tailored live environment, where firms can offer innovative financial and RegTech services without being immediately subject to the full set of regulatory requirements.
In February 2024, the AIFC expanded the list of financial services which its resident companies can provide to clients in Kazakhstan.
[24] To attract companies to AIFC, the minimum authorised capital requirements for Islamic banks and financial organisations have been reduced until May 2026.
[25] The AIFC’s initiatives aimed at the development and promotion of the Islamic finance industry have allowed Kazakhstan to enter the prestigious global rankings in this area.