[A]

In relation to a Firm, any entity of which the Firm holds directly or indirectly or controls 10% or more but less than a majority of the voting power.

AFSA

Astana Financial Services Authority.

AIFC

Astana International Financial Centre

AIFC Court

The court specified under Article 13 of the Constitutional Law.

AIFC Operation

The PRU Investment Business of an Externally Regulated PRU Investment Firm that is (a) carried on through an establishment in the AIFC or (b) carried on through an establishment outside the AIFC but with customers who are resident in the AIFC.

AIFC-Incorporated Insurer

An Insurer that is incorporated as a legal entity under the laws of the AIFC

AIFC-Incorporated Takaful Operator

A Takaful Operator that is incorporated as a legal entity under the laws of the AIFC

AMI

The Authorised Market Institution Rules.

AML

The Anti-Money Laundering, Counter-Terrorist Financing and Sanctions Rules.

AML Return

A report in a prescribed format to be filed on an annual basis as described in AML 13.7.

Ancillary Service

An activity specified in Schedule 2 of GEN.

Ancillary Service Provider

A Centre Participant which has been licensed by the AFSA to carry on one or more Ancillary Services.

Annual Operating Expenditure

The amount determined as such in accordance with PRU(INV) 4.4.

Approved Actuary

The Approved Individual performing the role identified at PINS 2.2.5 (Approved Actuary).

The Approved Individual performing the role identified at TRR 2.4.5 (Approved Actuary).

Approved ECAI

An External Credit Assessment Institution in respect of which the AFSA has given approval for its ratings to be relied on by PRU Investment Firms in relation to PRU(INV) 4.

Approved Individual

An individual who is approved by the AFSA to carry out a Controlled Function.

Arranging a Credit Facility

The Regulated Activity as defined in paragraph 20 of Schedule 1 of GEN.

Arranging Custody

The Regulated Activity as defined in paragraph 6 of Schedule 1 of GEN.

Arranging Deals in Investments

The Regulated Activity as defined in paragraph 11 of Schedule 1 of GEN.

Assessed Professional Client

Has the meaning given in COB 2.5.1 and 2.5.6.

Asset Risk Component

The capital component identified in paragraph 4.1 of PINS Schedule 5 (Calculation of Prescribed Capital Requirement).

The capital component identified in paragraph 4.1 of TRR Schedule 5 (Calculation of Prescribed Capital Requirement).

Associate

In respect of a Person ‘A’, any Person, including an affiliated company which is:

(a) an Undertaking in the same Group as A; or
(b) any other person whose business or domestic relationship with A or his Associate might reasonably be expected to give rise to a community of interest between them which may involve a conflict of interest in dealings with third parties.

Associated Party

PINS: (a) a holding company, subsidiary or related company of an AIFCIncorporated Insurer, (b) a subsidiary or related company of a holding company of an AIFC-Incorporated Insurer, (c) a holding company of a subsidiary of an AIFC-Incorporated Insurer, or (d) a company that, alone or with associates, is entitled to exercise, or control the exercise of, more than 50% of the voting power in the general meeting of an AIFC-Incorporated Insurer.

TRR: (a) a holding company, subsidiary or related company of an AIFCIncorporated Takaful Operator, (b) a subsidiary or related company of a holding company of an AIFC-Incorporated Takaful Operator, (c) a holding company of a subsidiary of an AIFC-Incorporated Takaful Operator, or (d) a company that, alone or with associates, is entitled to exercise, or control the exercise of, more than 50% of the voting power in the general meeting of an AIFC-Incorporated Takaful Operator.

AT1 Capital

Additional Tier 1 Capital, as defined in BBR 4.16.

Audit Personnel

An individual:

(a) who is employed or appointed by an Auditor in connection with the Auditor's business in the AIFC, whether under a contract of service or for services or otherwise; or
(b) whose services provided in the AIFC, under an arrangement between the Auditor and a third party, are placed at the disposal and under the control of the Auditor.

Audit Principal

A natural person who is appointed by an Auditor under AUD 2.1.3(g).

Auditor

(a) in relation to an Authorised Person which is incorporated in the AIFC has the meaning given in AUD 1.
(b) in relation to an Authorised Person which is a Recognised Company or Recognised Partnership – an auditor of that Authorised Person;
(c) in relation to a Reporting Entity – an auditor.

Authorised Clearing House

A Centre Participant which has been licensed by the AFSA to carry on the Market Activity of Operating a Clearing House.

Authorised Crowdfunding Platform

A Centre Participant which has been licensed by the AFSA to carry on the Market Activity of Operating a Loan Crowdfunding Platform and/or the Market Activity of Operating an Investment Crowdfunding Platform.

Authorised Firm

A Centre Participant which has been licensed by the AFSA to carry on one or more Regulated Activities.

Authorised Investment Exchange

A Centre Participant which has been licensed by the AFSA to carry on the Market Activity of Operating an Investment Exchange.

Authorised Market Institution

A Centre Participant which has been licensed by the AFSA to carry on one or more Market Activities.

Authorised Person

Either an Authorised Firm or an Authorised Market Institution

Authorised Private E-currency Trading Facility

A Centre Participant which has been licensed by the AFSA to carry on the Market Activity of Operating a Private E-currency Trading Facility.

Authorised Promoter

Has the meaning given in COB 3.3.1.

AIFC Legal Services Board

A designated body for the registration and regulation of Legal Advisers to maintain the safety and soundness of the legal services market in the AIFC.