The Astana Financial Services Authority has designated Clearing Participation Certificates to be issued by International Trading System Limited as a Qualified Investment under the Astana International Financial Centre Multilateral and Organised Trading Facilities Rules. Following its public consultation, the decision introduces a standardized collateral instrument intended to help clearing members mobilize eligible assets held in a segregated pool and obtain short term liquidity through repo transactions on ITS’s regulated market infrastructure. The framework aims to improve collateral mobility and netting efficiency while controlling liquidity, market, credit, operational and collateral adequacy risks. Safeguards include asset eligibility criteria, valuation and haircut requirements, margining, concentration controls, default management and transparency requirements. The designation is also subject to specific regulatory conditions and limitations intended to manage risks as the product develops.
2026-09-10Astana Financial Services Authority
Astana Financial Services Authority designates ITS Clearing Participation Certificates as Qualified Investments
The Astana Financial Services Authority has designated ITS Clearing Participation Certificates as a Qualified Investment under the AIFC trading facility rules following a public consultation. The certificates will provide a standardized instrument for mobilizing pooled collateral in repo transactions, subject to risk controls and specific regulatory conditions.