AIFC Weekly Digest
Stay up to date with the latest news from around the Centre.
Welcome to the New AIFC Weekly News Digest
Dear Colleagues,
We have some exciting updates to share with you this week!
As the year draws to a close, the AIFC Community is gearing up for the much-anticipated 2024 Business Wrap-Up event on 28 November.
In an important step towards improving data protection and artificial intelligence practices, the AIFC Data Protection Commissioner's Office, in partnership with the Digital Rights Centre Qazaqstan, has published a comprehensive, open-access manual. This valuable resource aims to guide stakeholders in navigating the intersection of data security and AI technologies.
We are also pleased to share updates on the exclusive corporate benefits now available to AIFC employees. From discounts at partner hotels, restaurants and fitness centres to privileges at golf clubs, these benefits are designed to enhance work-life balance and well-being.
This week's AIFC Spotlight features Sairan Rakhimbekov, a dedicated professional in AIX's Regulation and Compliance department, whose work ensures transparency and accountability in the financial markets. We also celebrate the achievements of our colleagues who show the same determination and discipline off the clock, running long-distance marathons.
In our weekly market review, we observed a mixed week for the US stock market, with indices fluctuating on a daily basis, reflecting the dynamic nature of global financial trends.
Looking ahead, the AIFC Court and IAC Training Centre, in partnership with White & Case Kazakhstan LLP, is pleased to invite participants to a free Master Class on Expert Evidence in International Arbitration on 4 December. This session promises valuable insights into the intricacies of expert evidence in international arbitration.
Stay informed, stay inspired!
Best regards,
The AIFC Corporate Communications Team
We have some exciting updates to share with you this week!
As the year draws to a close, the AIFC Community is gearing up for the much-anticipated 2024 Business Wrap-Up event on 28 November.
In an important step towards improving data protection and artificial intelligence practices, the AIFC Data Protection Commissioner's Office, in partnership with the Digital Rights Centre Qazaqstan, has published a comprehensive, open-access manual. This valuable resource aims to guide stakeholders in navigating the intersection of data security and AI technologies.
We are also pleased to share updates on the exclusive corporate benefits now available to AIFC employees. From discounts at partner hotels, restaurants and fitness centres to privileges at golf clubs, these benefits are designed to enhance work-life balance and well-being.
This week's AIFC Spotlight features Sairan Rakhimbekov, a dedicated professional in AIX's Regulation and Compliance department, whose work ensures transparency and accountability in the financial markets. We also celebrate the achievements of our colleagues who show the same determination and discipline off the clock, running long-distance marathons.
In our weekly market review, we observed a mixed week for the US stock market, with indices fluctuating on a daily basis, reflecting the dynamic nature of global financial trends.
Looking ahead, the AIFC Court and IAC Training Centre, in partnership with White & Case Kazakhstan LLP, is pleased to invite participants to a free Master Class on Expert Evidence in International Arbitration on 4 December. This session promises valuable insights into the intricacies of expert evidence in international arbitration.
Stay informed, stay inspired!
Best regards,
The AIFC Corporate Communications Team
AIFC Community: 2024 Business Wrap-up event
The AIFC Community: 2024 Business Wrap-Up is coming soon, bringing together AIFC participants for an exclusive year-end gathering. This event will focus on exciting regulatory updates for asset managers, including the launch of the first umbrella fund and the listing of the first exempt fund on AIX. As part of the AIFC Community initiative, the event aims to strengthen connections between participants and celebrate key achievements. It promises to be a valuable platform for discussion and reflection on the progress made throughout the year.
Guidance on Data Protection and AI in the AIFC
The Office of the Commissioner for Data Protection at the AIFC, in collaboration with the Digital Rights Center Qazaqstan, has published a comprehensive, open-access manual on data protection and artificial intelligence. This guide provides essential recommendations on how to safely use personal data in AI systems, aiming to mitigate the risks associated with its application.
AI technologies are developing rapidly, and their integration into financial services brings both opportunities and potential risks. The AIFC places great importance on protecting personal data, and the guidance we have developed helps reduce these risks in the innovation sector. This initiative underscores our commitment to creating a safe and innovative environment for financial services both in Kazakhstan and beyond.
Beibut Dosmurzinov
Acting Commissioner of Data Protection of AIFC
AIFC Corporate Benefits
Last week’s exciting announcement revealed updated details about the exclusive corporate benefits available to AIFC employees. These perks include discounts and special privileges at partner hotels, restaurants, fitness centers, golf clubs, and more. Don’t miss out - take advantage of these benefits to elevate your lifestyle and well-being!
Going the Extra Mile: Colleagues Who Conquered Marathons
Achieving success at work is only part of their story. These colleagues channel the same determination and discipline into conquering long-distance marathons. With every mile they run, they push their limits, proving that perseverance knows no boundaries.
Spotlight: Sairan Rakhimbekov
In the latest edition of AIFC Spotlight, we feature Sairan, a dedicated professional in the AIX`s Regulation and Compliance Department, which ensures transparency and accountability in the financial markets. With a background in law enforcement and a master’s degree from University College London, he brings analytical expertise and a people-centred approach to his work.
AIFC Media Update
News Digest
Media Monitoring
We have curated a selection of articles on global economics, politics, and developments in Kazakhstan from renowned international publications, including The Financial Times, The Wall Street Journal, The Guardian, and The Economist.
Updates from AIFC Court and IAC
Check out the news from the fairest Court and Arbitration Centre!
Weekly Market Overview for Last Week
The U.S. stock market experienced a mixed week, with indices fluctuating daily. The Dow Jones saw modest declines early on but surged by 1.06% on Thursday, while the S&P 500 and NASDAQ posted steady gains despite midweek volatility.
AFSA News
News from the best regulator in the world
HR Updates
This section is dedicated to providing updates on new vacancies, organisational changes and other key HR developments. Stay informed about the opportunities and initiatives that shape our workforce and foster a collaborative environment.
INSPIRATION CORNER
Setting Goals and Achieving Success: A Pathway for Corporate Employees
Ainur Issabayeva
Director of Media Relations
AIFCA
Director of Media Relations
AIFCA
November 28
Zulyar Ibraimov
Manager of Technology
AIFCA
Manager of Technology
AIFCA
November 28
Bakytzhan Toimbek
Director of Corporate Communications
AIFCA
Director of Corporate Communications
AIFCA
November 29
