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2.2.29. Operating an Organised Trading Facility
GUIDANCE
AFSA Guidance for Over-the-Counter Transactions with Digital Assets
Guidance for AIFC Banks conducting settlement for Digital Asset Trading Facility Operators and Digital Asset Service Providers
Perimeter Guidance
2. AUTHORISATION (GETTING REGULATED)
2.2. Becoming regulated as an Authorised Firm
6. MISCELLANEOUS
The List of financial services and ancillary services provided by the Astana International Financial Centre participants, subject to the financial monitoring
SELF-ASSESSMENT OF INTERNAL QUALITY CONTROL MONITORING PROGRAM
Practical Guidance to AIFC Anti-Money Laundering and Counter – Terrorist Financing Framework
Entire Act

2.2.29. Operating an Organised Trading Facility

2.2.29.1. General description

Operating an Organised Trading Facility or “OTF” is listed in section 29 of Schedule 1 of GEN, where OTF means a system which brings together multiple third parties buying and selling Investments, rights or interests in Investments, in accordance with its discretionary rules, in a way that results in a contract in respect of such Investments.

For more details see AIFC Multilateral and Organised Trading Facilities Rules.

Currency regulation

The table below illustrates currency regulation implications if services are offered to residents of Kazakhstan that are not AIFC Participants.

Are you planning to offer your services to legal entities or natural persons – residents of Kazakhstan?

Yes:

 

Your services will be subject to the AIFC Rules on Currency Regulation:

 

Name of allowed activity:

To be completed 

 

Relevant reference to Schedule 2 to the AIFC Rules on Currency Regulation:

-

 

Type of currency:

To be completed 

 

Transaction:

Not applicable.

 

Currency reporting:

No specific reporting for a financial service.

Transactional reporting may be applicable (see Chapter 4 of PERG for more details). 

 

No:

Subrule 3.3.2. of AIFC Rules on Currency Regulation may apply (subject to the adoption of the proposal).

For more details see Chapter 4 of PERG.

2.2.29.2. Exclusions

A Person does not operate a Trading Facility if it operates a facility which is an order routing system, where buying and selling interests in, or orders for, financial instruments are merely transmitted but do not interact or consummate a trade.