10 Questions to a Lawyer about Authorisation in the AIFC
We are delighted to announce that an article written by Yekaterina Khamidullina, AEQUITAS Partner and Head of AEQUITAS AIFC Branch, and Emin Nadirov, AEQUITAS Junior Associate, was published on the Zakon.kz website.
The Astana International Financial Centre offers companies a unique opportunity to work in a jurisdiction based on the principles of English law. It ensures a high level of legal protection, transparency and predictability of business practices making the AIFC attractive for different business entities from startups to major transnational corporations.
As regards the companies contemplating to carry out their activities in the AIFC, the process of obtaining a license or "authorisation", as it is called in the AIFC, is one of the first priority steps. This process plays an important role and represents a mechanism, which ensures company's and its employees' compliance with the established standards and requirements. However, the process may seem to be complicated and requiring significant efforts, especially for those encountering this issue for the first time.
The information set out in this publication will be helpful for both those who have just started considering the opportunities of the AIFC and the companies that have already decided to enter this market, but need more detailed understanding of all nuances of the authorisation process.
The authors considered ten most topical issues the companies have when preparing to authorisation in the AIFC. For more information, please click here.
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