Kazakh Senate deputies visit Astana IFC
The Senate deputies led by Senate Speaker Dariga Nazarbayeva paid a visit to the Astana International Financial Centre (AIFC), Strategy2050.kz informs with reference to the Kazakh Senate press service.
AIFC Governor Kairat Kelimbetov informed the Senate deputes on the Centre’s activities, its bodies and organizations, as well as about the updated AIFC development strategy addressing all the trends in global financial markets.
The 100 Steps national plan’s five pillars falling on the Astana International Financial Centre are either completed or under active realization.
According to Kairat Kelimbetov, the Centre focuses on helping boost the Kazakh economy, in particular the development of local capital market and its integration with world markets, as well as the enhancement of Kazakhstan’s long-term investment attractiveness
The Senate deputies attended meetings with AIFC Court, International Arbitrage Centre, A Financial Service Authority, Astana International Exchange, Expat Centre and Continuing Professional Development Bureau representatives.
Mr. Christopher Campbell-Holt, Registrar and Chief Executive, AIFC Court and IAC, updated the Senate deputies on the eJustice system, launched in February 2019 to settle disputes online. He went on to say that more than 500 Kazakh citizens were trained in the basics of English law under the educational programmes of the AIFC Court and IAC.
Astana International Exchange has turned into a platform to implement the public asset privatization programmes, with KazAtomProm successfully listing its shares in 2018 and 2019.
Presently, shares of KazakhTeleCom, Air Astana and KazMunayGas are due to be listed.
The Senate deputies also got familiarized with the key directions for developing the AIFC, including Islamic finances, financial technology, green finances.
Senate Speaker Dariga Nazarbayeva noted the need for better informing the Astana International Financial Centre, domestically and internationally.
