Aequitas - Kazakhstan: Legal regulation of personal data protection in the AIFC

The interest of business, especially foreign investors, in the Astana International Financial Centre (AIFC) has been growing steadily over the past years. In the framework of the AIFC, Kazakhstan has, for the first time in the post-Soviet space, introduced a special jurisdiction based on the principles of the laws of England and Wales. The AIFC aims to attract investments to the Kazakhstan economy, develop local capital markets, and create effective projects in the sphere of production and services. As of February 7, 2024, 2,537 companies are registered in the AIFC. The regulatory framework of the AIFC has been actively developing. In this article, Yekaterina Khamidullina, Partner at AEQUITAS Law Firm, considers the legal regulation of personal data protection in the AIFC, the basis of which is formed by the AIFC Data Protection Regulations (the Regulations) and the AIFC Data Protection Rules.

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For more information, please contact Yekaterina Khamidullina.