Astana International Financial Centre

From Kazakhstan Encyclopedia

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The Astana International Financial Centre (AIFC) is a planned financial free zone located in Astana, Kazakhstan. It was first announced by the President of Kazakhstan Nursultan Nazarbayev on 21 May 2015[1] and is scheduled to come into operation on 1 January 2018.[2]

Independent jurisdiction

The centre will have its own legal systems based on the principles and rules of English law. Foreign judges will be invited to sit in the centre's courts.[3]

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Location

The centre will take over the grounds of Expo 2017 once the Expo is complete.[4]

References

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External links


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