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Welcome to the AIFC Court, a hugely significant initiative for the Astana International Financial Centre, the Republic of Kazakhstan, and the entire Eurasia region.
The Court provides a common law court system for the first time in Eurasia. It operates to the highest international standards to resolve civil and commercial disputes in the AIFC. It has exclusive jurisdiction over disputes arising out of the activities and operations of the AIFC and jurisdiction in the case of other disputes in which all parties agree to give the Court jurisdiction.
The Court is separate and independent from the judicial system of the Republic of Kazakhstan. There is a Court of Appeal whose decisions are final. The Court has its own procedural rules modelled on the principles and procedures of English common law and standards applied by the world’s leading financial centres. A special fast track procedure is offered for adjudicating small claims up to the value of USD 150,000 at the Small Claims Court.
AIFC IS CONDUCTING REPUTATION AUDIT
Businesses thrive in an environment that helps them attract capital in an enabling environment with regulation based on the best international standards, robust financial framework and an independent judicial system.
AIFC IS CONDUCTING REPUTATION AUDIT
Businesses thrive in an environment that helps them attract capital in an enabling environment with regulation based on the best international standards, robust financial framework and an independent judicial system.
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