Sanctions and Their Impact on the AIFC: A Practical Approach to Sanctions Compliance

Day 1

• Introduction to Sanctions: key concepts, types of sanctions, major regimes (USA, EU, UN, UK)
• Global Sanctions Trends 2024–2025
• AIFC’s Approach to International Sanctions: obligations of entities registered in the AIFC

Day 2

• AIFC and Sanctions Risks in Logistics and Financial Chains
• AIFC Requirements for Sanctions Control — Sanctions as Part of a Risk-Based Approach
• Using AFSA Guidance to Develop Sanctions Compliance Policies
• Enforcement Practice: case studies, penalties, approaches by OFAC, BIS, OFSI
• Role of Corporate Compliance and Technology (KYC, screening, due diligence)

Day 3

• Risks of Sanctions Evasion via Third Countries (including Kazakhstan)
• Case Studies and Hypothetical Transactions — Practical Discussion
• Role of the Compliance Officer in an AIFC Company: action algorithm for suspicious transactions
• Investigation Tools: open sources, KYC files, supporting documentation
• New Due Diligence Requirements: end-use, end-user, reasonableness tests

Day 4

• AIFC Financial Institutions: restrictions, practices, SWIFT, correspondent accounts
• Sanctions Compliance in AIFC Corporate Structures (SPVs, holdings, trusts)
• Discussion, Q&A, and Action Plan

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

Timur Khasanov-Batyrov

• • • • • • Member of the Expert Council of the Association of Compliance and Business Ethics.
            Compliance officer with 25 years of experience in law and compliance across Kazakhstan, Russia, Uzbekistan, the USA, Germany, Ukraine, and the Netherlands.
          • Holds an LLM in Corporate and International Business Law from the University of Minnesota Law School, a UK Graduate Diploma in Financial Crime Prevention, and an ICA International Diploma in Compliance with distinction.
          • Has experience launching and implementing compliance programs for both global corporations and national industry leaders.
          • Co-founder of the Compliance Club and representative of the Association of Compliance and Ethics in Europe.
          • Co-host of the podcast series Compliance Man with Thomas Fox (USA).
          • Author of the YouTube channel 1001 Compliance Days, dedicated to lawyers and compliance professionals.
            

Nurlan Adaliev

An expert with internationally recognized experience in AML/CFT, blockchain analytics, and digital asset regulation.
He works in the AML/CFT Department of the Astana International Financial Centre (AIFC) and previously led divisions at the Financial Monitoring Agency of the Republic of Kazakhstan.

He holds several prestigious professional qualifications:

• • • • • • • CCAFCS — Certification in combating financial crime involving crypto-assets
            • Crystal Intelligence EVM Investigation — Expertise in blockchain and DeFi investigations
            • Included in the pool of international evaluators of EAG/FATF, contributing to the preparation for mutual evaluations of AML/CFT systems