The Astana Financial Services Authority (AFSA), through the AIFC Registrar of Companies, has launched a scheduled initiative to update company information in the AIFC Public Register and verify the operational status of registered entities as part of enhanced oversight of AIFC participants. The process is intended to ensure that the register remains current and accurately reflects companies’ status, with the potential for non-responsive firms to be struck off. The review includes checks on the submission of annual reports and the accuracy of registration details, confirmation of actual operational activity through supporting documents, verification of the validity of existing licences, and compliance with AIFC Acts and reporting deadlines. Companies identified as requiring a status update will receive official notifications with guidance on confirming operational activity, and those that fail to provide confirmation may be removed from the register under Article 167 of the AIFC Companies Regulations; AFSA also links the initiative to alignment with international anti-money laundering and counter-terrorist financing standards. AFSA indicates that active and compliant AIFC participants should not face difficulties, and that companies flagged through the review will be given clear guidance and ample time to submit the required information.
Astana Financial Services Authority 2025-11-14
Astana Financial Services Authority launches review to update the AIFC Public Register and verify companies’ operational status
The Astana Financial Services Authority (AFSA) is reviewing the AIFC Public Register to verify the operational status of registered entities and enhance oversight. This involves checking annual report submissions, registration details, and compliance with AIFC Acts, with non-responsive firms potentially being struck off. The initiative aligns with international anti-money laundering and counter-terrorist financing standards.