Astana Finance Days 2024: Innovate, Invest, Impact

The international trading platform ITS (International Trading System) will host the conference “ITS IDEAS 2024: Opportunities in the Global Financial Market” on September 4, 2024. The conference will start at 12:00 Astana time (07:00 UTC).

This panel session will address the pressing issue of widening gap for infrastructure in Kazakhstan and other CIS countries. With a focus on innovative financing solutions, the discussion will highlight the crucial role of international financial institutions (IFIs), the rise of blended finance, and the importance of a strong regulatory framework in attracting investment.

This panel will delve into the exciting realm of fintechs in Kazakhstan, highlighting the prevailing trends, confronting challenges, and emerging opportunities within the market. Our expert panelists will shed light on Kazakhstan’s journey through the fintech landscape, the competitive edge provided by fintechs and neobanks, and the advantages customers reap from the digitization of the financial sector.

IAC Woman in Arbitration Day will bring together leading women arbitrators, academics, and private practice lawyers from around the world. This is a platform for participants to share insights, exchange ideas, network with expert colleagues, and discuss the role of diversity in international arbitration practice.

This panel session will discuss the intersection of energy and construction disputes, with a focus on the role of women and the importance of diversity in these sectors.

Central Asian countries require enormous amounts of capital to achieve the sustainable development,​ the Paris Agreement and carbon neutrality goals. In this regard, the use of innovative financial instruments​ and the development of local sustainable finance markets are critical. The region’s entire sustainable finance market, according to latest assessments, has already exceeded 2 billion USD. This fireside chat amongst key market players will focus on the current state of sustainable finance and recent case highlights in the countries of the region and propose possible ways to increase the region’s attractiveness for international investment in sustainable projects, including incentivising measures.

The panel session will elaborate on latest perspective on the diverse and complex world of alternative investments. This session will gather leading minds in the industry to shed light on the latest strategies that are driving success in alternative investment funds, including private equity, hedge funds, real estate, commodities, and beyond. While wealth opportunities are growing in many established and emerging fund jurisdictions, the question is how do fund managers access this investor group and what are the points of attention. Most topical issues will be discussed by the experts, including: (1) fundraising for alternative asset fund; (2) leveraging emerging technologies to navigating regulatory landscapes; (3) access points and distribution models from limited networks to marketplaces; (4) embracing diversification strategies. 

This panel session will discuss strategic matters when choosing the most appropriate arbitration seat for a dispute resolution proceeding.

The session is going to be held as an interview and is designed to discuss latest state of play and offer comprehensive insights into the critical supporting services behind the success of the asset management industry and allowing asset managers to focus on strategic business goals. Leading experts from various domains—legal, compliance, risk management, and fund administration, will gather to discuss the latest trends, challenges, and solutions in providing top-tier support to asset management firms. Panelists will explore the evolving regulatory landscape, innovative compliance strategies, risk management techniques, and the role of technology in streamlining fund administration processes.

In recent years, emerging economies have been increasingly recognized as critical players in global finance and sustainability efforts. As these nations undergo rapid economic, social, and environmental transitions, there’s a growing imperative to mobilize finance effectively to support sustainable development goals. Kazakhstan, for example, has made some efforts to address these challenges by expanding the current green taxonomy to include gas-based transition projects, as well as demonstrated the first case of a corporate issue of bonds related to sustainable development (sustainability-linked bonds, SLB). Transition finance focusing on supporting industries, financial institutions and economies in their shift towards more sustainable practices and technologies is a critical aspect. This session aims to delve into the practicalities of implementing transition finance strategies and plans to drive real-world change.​

Carolyn Lamm is recognised globally as one of the best arbitration lawyers in the world and known for her exceptional record in international dispute resolution and leadership in the legal and arbitration profession. Carolyn will discuss her distinguished international arbitration experience as a lawyer and arbitrator.  The audience will hear her personal perspective on the history, development and importance of international arbitration, and the influence of women in the origins and future direction of international arbitration.

The panel of leading experts will explore the fast-evolving world of Exchange-Traded Funds (ETFs). Having grown in popularity during the last two decades the ETFs offer an exposure to diversified class of assets, markets and geographies. This makes ETFs quite unique in providing faster and broader access to new emerging markets, unlike more conventional mutual funds. Could AIFC and Kazakhstan become a next destination for ETF products and what are the challenges in context of geopolitics?   Attendees will deep dive into various aspects of ETFs: latest trends shaping the landscape from thematic investing to the integration of innovative technologies like AI and blockchain; the opportunities ETFs present for diversified investment portfolios; examination of the risks involved, including market risks and regulatory challenges.

Electric vehicles are the key technology to decarbonise road transport, a sector that accounts for over 15% of global energy-related emissions. EVs are powering ahead to global dominance with potential to overtake their carbon-emitting rivals. Sales of electric cars are growing at double digits each year and are now the only growth area in the global passenger vehicle market.​
This panel discussion will delve into the future EV market trends, exploring incentives and challenges from the perspective of markets players along with available and potential financing options required to ensure widespread access to EVs.

The panel session will look into challenges and opportunities of funds distribution globally and in or through the AIFC. The discussions will cover various aspect, such as perspectives of local, regional and global distribution through the AIFC, existing distribution arrangements and new opportunities by product lines and types of funds. Clearing and settlement, custody and transfer agents, availability of service ecosystem and holding issues will be discussed in context of distribution.​

This training session will focus on challenges to arbitrators in international commercial arbitration for lack of impartiality and/or independence. It will discuss what is meant by impartiality and independence, explain how challenges are made procedurally, and consider the relevance of the IBA Guidelines on Conflicts of Interest in International Arbitration.  By the end of the session, participants will have an understanding of the merits and demerits of making arbitrator challenge applications, how and when such applications are made in international arbitration proceedings, and the practical considerations when making or responding to them.

This panel session will explore the importance of investing in talents across creative industries and other sectors. We will discuss the current trends and strategies for identifying and nurturing talent, the challenges faced by creative professionals, and the innovative approaches to talent development.

Participants will gain insights into best practices for fostering creativity, the role of education and training in developing skills, and how investment in human capital can drive growth and innovation. The session will also address the broader impact of talent investment on economic development and cultural enrichment.

Join us to learn from industry experts and thought leaders about the future of talent investment and how it can shape the creative industries and beyond.

The discussion on the “Implications, Risks, and Opportunities of AI in Human Capital Development” has expanded to include representatives from government, education, HR and IT sectors. This broader spectrum of industries allows for a more comprehensive discussion on how AI impacts various facets of human life and development. ​Participants will engage in a discussion about the need for regulatory frameworks to ensure the ethical use of AI, protect jobs, and ensure that the benefits of AI are distributed equitably. They will also debate the role of international cooperation in setting standards for AI development and use.

Branch of SkyBridge JSC in the AIFC is going to set up and manage a Non-Exempt Fund called SBI Lazard Select Fund Plc, marking a first-time collaboration between AIFC-registered entities with such a global A-lister as Lazard. The fund’s participation shares may be listed and admitted to trading on AIX and/or Bitfinex Securities.  In this panel session we are going to delve deeper into how this partnership came about.

The panel session will be dedicated to raising awareness and promotion of the future AIFC Intellectual Property Regulations and AIFC Venture Studio Rules. The panel session will encourage the creative industry business to use the AIFC as a jurisdiction of choice for the protection of intellectual property and attraction of investment.
The primary outcome of the session is an exchange of opinions on the existing issues concerning the enforcement of intellectual property rights and the attraction of investment for creative projects. Comparative analysis of regulation in the KZ and AIFC.

The Astana International Financial Centre is a major part of the Belt and Road Initiative’s financial infrastructure. The initiative aimed at reviving the ancient Silk Roads plays a great role in the development of Central Asia. The session will focus on reflecting on decade of BRI’s investments to Kazakhstan progress, challenges, and outlook.

In the dynamic landscape of global finance, Kazakhstan stands at a pivotal juncture, poised to attract substantial investments. As part of the Astana Finance Days forum, this panel session delves into the critical role financial institutions play in harnessing this potential and fostering sustainable economic growth not only within Kazakhstan but also across the wider region.

The panel session will be devoted to the analysis of data protection and the use of artificial intelligence in business. We will discuss current trends, challenges, and innovative solutions, including the latest legislative changes, best practices, and technological advances for effective data protection and AI applications.
Special attention will be paid to the ethical aspects of AI use, the creation of a safe regulatory environment in Kazakhstan, as well as the analysis of the European AI Act and risk management methods for using AI in business.

Stablecoins play a critical role in the cryptocurrency ecosystem by providing a bridge between the volatile crypto markets and the stability of traditional fiat currencies. They enable more predictable transactions, essential for both everyday users and businesses, and facilitate trading and hedging without exiting the crypto space. Moreover, stablecoins are foundational to the burgeoning Decentralized Finance (DeFi) sector, offering opportunities for lending, borrowing, and earning interest on a stable digital platform. They also promise to revolutionize remittances by making them cheaper and faster, bypassing traditional banking systems. Importantly, stablecoins can enhance financial inclusion for unbanked populations and serve as a gateway for broader cryptocurrency adoption due to their reduced volatility. Their efficiency and cost-effectiveness in cross-border transactions further underscore their significance in the global economy.

Analysts estimate that the global cryptocurrency market will more than triple by 2030. This all leads to one big trend. Cryptocurrency, once only understood among a relatively fringe community of anti-establishment investors, is now becoming a household name – and quickly. In this fireside chat the interview will focus on the future of crypto and the way some countries are transiting to DeFi, what opportunities and challenges it presents.

Join us for a session where we dive into the world of AIFC participants. Who are they? Why do they choose the AIFC for their business? What’s happening within this jurisdiction? Let’s find out the answers to these intriguing questions together!

Since 2013 Kazakhstan is heading to a low-carbon development through the Emission Trading System. However, as for the global trends, nowadays market participants are leaning towards Voluntary Carbon Markets. As Kazakhstan is the only country in Central Asia boosting carbon pricing mechanisms, it is possible that it can also become a center of VCM trading in Central Asia. The discussion will focus on pros and cons of carbon pricing mechanisms and on the issue of regulating both compliance and voluntary carbon markets.

The discussion will evolve around the IT integration between different financial institutions and the benefits such integration can bring to all parties. Speakers will delve deep into the transformative influence of emerging technologies and digitalization on the investment landscape, examining their implications for business operations and trade flows.

The highly regarded executives of the region’s leading companies will offer insights into business growth outlook amid a period characterized by political instability and unprecedented volatility. Our host Assel Mukazhanova, CEO of Astana International Exchange, will delve into how our panelists have navigated recent market conditions and unveil their strategies for an evolving economic landscape.​

Join us for an exciting session prepared by leading Law firms, where we will dive into the real world of AIFC participants. The session will focus on the practical implementation of the AIFC jurisdiction in corporate governance. The session will cover key aspects such as the integration of AIFC laws into existing corporate structures, the benefits of adopting AIFC standards, and real case studies demonstrating successful applications of AIFC jurisdiction. While this session is targeted towards professional consultants and lawyers for refreshing or acquiring new knowledge, all interested individuals are welcome to attend.​ Join us to explore these exciting topics together!

During this session speakers will delve into the significant role of Islamic financial instruments in facilitating strategic business growth and how Shari’ah-compliant solutions can provide businesses with innovative tools to solve problems and seize growth opportunities. The session will explore how Islamic finance can strategically take corporate companies to new heights.​

The global financial crisis highlighted the need to seek measures that would enable companies to diversify their sources of finance and make use of the stock markets to undertake their growth and expansion strategies. With the support from the government of Kazakhstan in recent years there have been some significant achievements, especially in the field of large national enterprises. However, due the latest trends in monetary and fiscal policy, we might have a reverse effect if we are really looking to promote a healthier and more balanced growth of economy as a whole. We would like to discuss what may be in store for the future of finance in Kazakhstan and what measures need to be taken to make that future bright again.

Tokenization of real-world assets involves converting the ownership of physical and digital assets into digital tokens on a blockchain. This innovative process democratizes access to investments, allowing broader participation in asset markets previously reserved for the affluent or institutional investors. It enhances liquidity in markets for traditionally illiquid assets, such as real estate or art, by enabling fractional ownership and easier exchange. Tokenization also brings about increased transparency and security, as blockchain technology provides an immutable record of ownership and transactions. Moreover, it streamlines the transaction process, reducing the need for intermediaries, and potentially lowering costs and transaction times. Ultimately, tokenization could transform how we invest in, own, and trade assets, making it a pivotal development in the financial sector.​

This session explores emerging technologies like blockchain, AI, and quantum computing, and their impact on the financial sector. Industry experts and innovators will discuss how these technologies are reshaping finance. The interactive polling allows the audience to express their views, making the session dynamic and engaging.

Expert meeting in the form of round table within the 2024 AFD Forum. Open to CICA Member States only, including registered participants of AFD Forum. 

As demand for Islamic finance continues to surge, this session will shed light on numerous opportunities available to Islamic financial institutions operating within the AIFC. Speakers will delve into the prospects presented by AIFC Islamic financial companies and Sukuk issuers specifically designed to cater to the retail sector.

The session will provide an in-depth examination of the current landscape of retail Islamic finance within Kazakhstan and AIFC.

This session explores how Kazakhstan can leverage global VC best practices to enhance its startup ecosystem. Experts will discuss successful strategies, investment models, and regulatory approaches, highlighting how to tailor these practices to Kazakhstan’s unique market. The goal is to outline actionable insights for boosting innovation and economic growth in the region.

Join us for “Open Dialogue” where the management team of the AIFC will engage directly with AIFC Participants, answering all questions in real time. This is your opportunity to gain insights, share your thoughts, and receive responses on AIFC related topic. Don’t miss this chance to connect and communicate openly with the AIFC leadership team.

Crypto settlements through Central Bank Digital Currencies (CBDCs) and payment services streamline the conversion between cryptocurrencies and fiat, offering fast, secure, and cost-effective transactions. This integration bridges traditional and digital finance, fostering wider cryptocurrency adoption and regulatory recognition by leveraging central bank-backed digital currencies. ​

Innovations in digital asset custody and settlement significantly boost transaction speed and security, streamlining exchanges and fostering trust in the digital finance ecosystem. By leveraging advanced technologies, these developments offer a more robust infrastructure for managing and settling digital assets, paving the way for wider acceptance and integration into mainstream finance.

The speakers will highlight the pivotal factors propelling the growth narratives of debt instruments, alongside presenting effective strategies for distinguishing businesses and broadening the investor base within a fiercely competitive market landscape.​

This panel will offer a comprehensive view of debt market strategies and structures, shedding light on trends, addressing pertinent issues, and showcasing innovative listed products. Diversification of investors base is a key for success and discussions will include the topic of attracting frontier market funds into the local debt market.  Furthermore, discussions will explore the ascent of sustainable finance and elucidate how debt instruments can serve as catalysts for market expansion while delivering returns for institutional investors, thereby enhancing the flow of capital to emerging and frontier economies.​

Attendees can expect to gain invaluable on-the-ground insights and intelligence, empowering them to shape their investment strategies with precision and foresight.​

A series of lectures for retail investors and those who are just planning to start investing on the stock market on how to manage their budget, work on an investment portfolio and choose a strategy. Participants will have the opportunity to address their questions to the Tabys team, brokers, financial coaches and professional market participants.

The lectures will be held outdoors, in the equipped tent, opposite block C4.2.

Attendance is free, no registration required.