From 3rd to 5th July, capital will host a financial conference Astana Finance Day, within which will be the first AIFC Legal Conference. The first AIFC Legal Conference.
Due to the fact that the AIFC Judges have great authority, one cannot doubt is their impartiality. The Court was led by Lord Harry Kenneth Woolf, a respected worldwide judge, who has done a lot for the court development all over the world. He will be supported by judges who previously worked in the UK, Hong Kong, Singapore, adhering to the Rule of Law and undoubtedly, able to contribute to the AIFC development.
"Working together with AIFC, we created all necessary infrastructure for the use of Common Law and established a Legal Counsel, members are experts in the field of jurisprudence. We have a certain base, which, on the one hand, is the foundation for the development of changes, and on the other hand, takes into account the best practice of international courts", AIFC Court Registrar Christopher Campbell-Holt says. According to him, foreign investors will be provided with a full package of court services for the best world standards.
The first AIFC Legal Conference will form an open platform where topical issues and trends in dispute resolution will be discussed. Particular attention will be paid to the prospects of the AIFC Court, the opportunities for development and improvement of its work. The conference will allow you to take a fresh look at the system developed by AIFC, evaluate its merits and correct mistakes. An important role in the development of the AIFC Court will be played by recommendations for improving the work that will be provided by experts participating in the conference.
The development of the AIFC Dispute Resolution system is important not only for international investors but also for the Kazakhstani Court. Peaceful coexistence of the two systems within the framework of one state is, above all, the exchange of experience, extremely important for Kazakhstani judges, despite the difference in legal systems. As noted during one of the lectures of Lord Wolf, that AIFC will regularly inform about what is applicable from the practice of Common Law in the activities of the AIFC and the Courts of Kazakhstan. In addition, the work of the AIFC Court in the long term will help to educate Kazakh judges working within the framework of Common Law and capable of becoming AIFC new judges.