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Expanding Opportunities For Retail Investors In Kazakhstan: AIFC's Influence On The New Legislative Framework – Kinstellar

Posted by Liz Seyi on August 9, 2024 at 3:28am 0 Comments

According to the official website of the Government of Kazakhstan, the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market is working on a new legislative proposal with the goal of broadening the participation of retail investors in collective investment schemes (the "CIS") across Kazakhstan. Currently, the CIS retail business is mainly possible within the Astana International Financial Centre (AIFC). While this could be seen as competition with the…

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