The Astana Financial Services Authority (AFSA) has joined the International Organization of Securities Commissions’ International Securities and Commodities Alerts Network (I-SCAN), a global cooperation platform for securities regulators to share information and coordinate efforts against online investment fraud and illegal financial activity. Membership allows AFSA to publish its fraud warnings through IOSCO’s global alert system. I-SCAN was set up to address growing risks from the digitalisation of financial markets and the increasing use of mobile apps, social media and online platforms by retail investors. The initiative supports regulators in identifying, flagging and removing illegal investment offers and other fraudulent content, and promotes stricter oversight of investment products advertised online and coordinated cross-border action. AFSA also encouraged online platforms in Kazakhstan to explore engagement with the I-SCAN framework and, in line with IOSCO’s approach, highlighted the need for effective internal controls, compliance with national rules and prompt information sharing with regulators; participation is intended to strengthen AFSA’s supervision of digital financial services and support the Astana International Financial Centre’s alignment with international standards.

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