AFSA Approves Clearing Participation Certificates as Qualified Investment
Summary
The Astana Financial Services Authority designated Clearing Participation Certificates issued by ITS as a Qualified Investment.
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The Astana Financial Services Authority (AFSA) has issued a Decision Notice on the designation of Clearing Participation Certificates (CPCs) to be issued by International Trading System Limited (ITS) as a Qualified Investment.
The approval comes under the AIFC Multilateral and Organised Trading Facilities Rules (MOTF), creating a defined regulatory framework for the instrument.
The announcement was officially presented on September 10 during the Astana Finance Days conference.
Source: AIFC News
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