Astana’s financial regulator, AFSA, has introduced a streamlined authorization process for financial firms already licensed in eight recognized jurisdictions: the FCA, ASIC, MAS, HK SFC, HKMA, ADGM FSRA, DFSA, and QFCRA.
Companies will be able to submit a reduced document package, while certain matters can be resolved after licensing through supervisory engagement. Fast-track licensing is available for various activities, including investment management, fund administration, custody services, and advisory. AFSA retains the right to request additional information or return an application to the standard procedure if risk considerations require it.
