Regulation of brokerage activities in the AIFC

Authorization of Brokerage Companies (engaged in investment transactions as agent and principal):

• Policies and procedures
• Organizational structure
• Prudential (financial) requirements

Regulatory Requirements for Brokerage Companies:

• AIFC Conduct of Business Rules: client classification and protection
• Disclosure obligations and client agreements
• Compliance with AML/CFT requirements
• Management of conflicts of interest
• Protection of client assets and reporting obligations
• Special requirements for digital asset service providers

• Online training sessions
• Questions and answers​
• Presentations and recommendations from the trainer​
• Electronic training certificate

Assylbek Zhumakulov – Trainer at AIFC Academy, CEO of OQAM Finance Ltd., a brokerage and asset management company licensed by the AIFC.

Assylbek has over six years of experience working at the AFSA, where he held positions in the Office of the Registrar, the Authorization Department, and the Financial Supervision Department.
He was actively involved in the development and refinement of AIFC regulatory acts and guidelines related to asset management.