AEF 2018: About AIFC activities
Central Asia is becoming a new economic center of attraction. The launch of the Astana International Financial Center (AIFC) will allow the region to integrate into the global financial system. At the Astana Economic Forum, experts discussed new geography of finance and introduction of new technologies in sectors of economy. Participants also discussed the role of financial technologies in ensuring the financial capital flow as well as the development strategy of new financial centers. The experts also spoke on the global economic trends. Experts also noted on the timely launch of the AIFC. According to the experts, it is very important to take into account the experience of the world's leading financial centers when establishing the AIFC. The financial center’s activities are based on the English Common Law, which allows providing comfortable work for its international participants.
CHRIS CAMPBELL-HOLT, REGISTRAR AND CHIEF EXECUTIVE, AIFC COURT:
- We have a legal system which is based on the English Common Law to back this up, to protect investors’ rights, to encourage further the development of technology, financial technology in particular, and to protect investors’ rights coming into Kazakhstan. So what we really expect in the foreseeable future is a rapid growth of investment into Kazakhstan and the Eurasia region.