21 June 2019

Astana International Financial Centre and BI.ZONE sign a Memorandum of Understanding

Astana International Financial Centre (AIFC) and BI.ZONE have signed a Memorandum of Understanding at the Second International Cybersecurity Congress.

The terms of the Memorandum imply long-term cooperation in the field of cybersecurity between BI.ZONE and AIFC.

«The AIFC brings together the best experience and the most advanced capabilities of leading financial centres from New York and London to Dubai, Hong Kong and Singapore. We are grateful for this trust and are confident that this is a significant step for the stable development of business in conditions of growing complexity and danger of cyberattacks», said Dmitry Samartsev, CEO of BI.ZONE.

According to the Governor of the AIFC, the issue of security of financial systems and confidentiality of customer data is one of the main priorities of organisations in the financial sector. «Therefore, we pay special attention to the development of cybersecurity», noted Kairat Kelimbetov.

The Memorandum will allow the parties to establish cooperation on the exchange of information and improve the level of expertise in the field of cybersecurity, at both local and regional level.

Reference information

AIFC. Astana International Financial Centre (AIFC) was established at the initiative of the First President of the Republic of Kazakhstan Nursultan Nazarbayev. The constitutional law on the establishment of the AIFC was signed on 7 December 2015. The purpose of the AIFC is the formation of a leading world-class financial services centre. The objectives of the AIFC are to assist in attracting investment in the country’s economy, creating an attractive environment for investment in financial services, the development of the securities market of the Republic of Kazakhstan and providing for its integration with international capital markets.