AFSA Decision Notice No. AFSA-CMD-NOT-2026-0003 from 07 September 2026

THE ASTANA FINANCIAL SERVICES AUTHORITY (AFSA) HEREBY GIVES NOTICE THAT:

The AFSA, in exercise of the powers conferred upon it under Rule 5.3(1) of the Multilateral and Organised Trading Facilities Rules (MOTF), AND having satisfied itself that the requirements of MOTF Rule 5.3(4) have been met, AND having considered the market feedback received in response to Consultation Paper No. AFSA-CMD-CSP-2026-0001 published 14 July 2026, HEREBY APPROVES:

Designation of “Clearing Participation Certificates” to be issued by ITS as Qualified Investment, in addition to those specifically mentioned in MOTF 5.2, pursuant to written Application for Designation submitted by ITS.

CONDITIONS

ITS shall not commence the issuance of CPCs or admit CPC-related repo transactions to trading or clearing until conditions set out by AFSA have been satisfied.

The list of conditions issued by AFSA to ITS includes, but is not limited to, pre-launch requirements relating to amendments to rules, risk management and collateral frameworks; default management and operational readiness; limitations on eligible collateral, participants and permitted use of CPCs; and ongoing requirements for regulatory reporting, public disclosure and risk.

EFFECTIVE PERIOD

This notice comes into effect on the date of issue and remains in force until further notice.

AFSA reserves the right, under MOTF 5.3(2) and its general supervisory powers, to vary, suspend, or revoke this notice, in whole or in part, including on the grounds that a conditions set by the AFSA has not been met or has ceased to be met, or that continued designation is no longer consistent with the interests of market participants or the integrity of the AIFC.

INTERPRETATION

Defined terms are identified in this notice by the capitalisation of the initial letter of a word or of each word in a phrase and are defined in the AIFC Glossary. Unless the context otherwise requires, where capitalisation of the initial letter is not used, an expression has its natural meaning.

THIS NOTICE IS ISSUED PURSUANT TO SECTION 5.3 OF THE AIFC MULTILATERAL AND ORGANISED TRADING FACILITIES RULES BY THE ASTANA FINANCIAL SERVICES AUTHORITY