Amicorp wins AIFC fund management license in Kazakhstan

Amicorp says its Kazakhstan affiliate has received a Fund Management License from the Astana Financial Services Authority, expanding the group’s regulated capabilities in Central Asia. The approval adds to Amicorp’s AIFC footprint and is meant to support cross-border investment structures, asset managers and institutional clients.

Why it matters: - The license broadens Amicorp’s regulated presence in Kazakhstan and strengthens its ability to support fund structures across Central Asia. - The approval gives Amicorp another platform to serve asset managers, family offices and institutional investors working across regional and international markets. - The move comes as Kazakhstan seeks a larger role in linking Central Asia with global capital flows.

What happened: - Amicorp said Antares Fund Management Ltd., its Kazakhstan affiliate, received a Fund Management License from the Astana Financial Services Authority (AFSA). - AFSA granted the license on 18 September 2026 to manage a Collective Investment Scheme. - The announcement was made on October 29, 2026, from Astana, Kazakhstan.

The details: - The AFSA is the independent regulator of financial services within the Astana International Financial Centre (AIFC). - The new authorization builds on Amicorp’s AIFC presence and follows Amicorp Fund Services Limited’s fund administration license, which was granted in July 2024. - Amicorp said the latest license expands its capabilities to support investment and fund structures across Central Asia and international markets. - The company said the new authorization adds to its existing fund administration and corporate services capabilities in Kazakhstan. - The license is intended to support the development of a platform for asset managers, investment professionals, family offices and institutional investors. - Amicorp said the platform will serve clients active in Kazakhstan, Central Asia and international markets. - The company’s website is more information.

Between the lines: - The license signals that Amicorp is deepening its operational base in Kazakhstan rather than treating the market as a simple sales outpost. - The AIFC’s regulatory framework is becoming a more important gateway for firms that want internationally structured investment activity in the region. - Amicorp is pairing local expertise with its wider network to compete for cross-border mandates, not just domestic business.

What's next: - Amicorp said it will continue building its local expertise, infrastructure and regulatory capabilities in Kazakhstan. - Zhanna Diyarova, commercial director of Amicorp Kazakhstan and CEO of Antares Fund Management, said the company aims to develop Antares Fund Management into a strong, well-governed platform within the AIFC. - The company said that platform development will depend on relevant authorizations and operational approvals as services expand.