Spotlight: Kazakhstan

On 25 May, 2017, the Astana International Financial Centre (the “Client”) requested the European Bank for Reconstruction and Development (the “EBRD”) to provide technical assistance for the Assessment, Review and Finalization of Exchange Rules for the Astana International Exchange (the “AIX”).

Assignment Description:

The AIX seeks to retain a consulting firm to finalize the legal draft of the stock exchange regulations provided by Astana International Financial Centre (the “AIFC”).

The expected outcome of this Assignment will be an assessment and review of the exchange rules drafted by AIFC/AIX, a revision of the rule book following the review and the finalization of the stock exchange rules, drafting of other necessary additional rules and sending rules to Astana Financial Services Authority (AFSA) for approval and introducing changes and recommendations of the AFSA, if any required.

For more detailed information, please visit the following web link:

http://www.ebrd.com/work-with-us/procurement/kazakhstan–assessment,-review-and-finalization-of-exchange-rule.html

The ECA recommends that all members visit the above web link to get a full and updated insight to these upcoming important capital market developments in Kazakhstan.