The Astana Financial Services Authority has published a report on the application of Generative Artificial Intelligence in financial services in the Astana International Financial Centre, drawing on an AI Survey of Authorised Persons. The report portrays AI adoption as still at an early stage, with use concentrated in lower-risk activities rather than core financial functions. The survey received 42 responses and found that 45% of respondents use AI, with adoption described as cautious experimentation aimed at risk management and operational efficiency. Current usage is focused on areas such as customer communication and marketing, with limited integration into algorithmic trading or credit underwriting, and the findings also point to a reliance on third-party AI solutions. AFSA plans to conduct another AI survey in 2026 and use the results to assess whether regulatory amendments are necessary for AI use in financial services, alongside ongoing monitoring of AI adoption. The authority also noted that firms can test AI-enabled financial services and products in the AIFC FinTech Lab regulatory sandbox under the existing regulatory regime.

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