A guide to how labour relations are regulated in the Astana International Financial Centre in Kazakhstan
Astana International Financial Centre (AIFC) is a part of territory of Nur-Sultan with a special preferential #>legal regime based on the principles, rules and precedents of the laws of England and Wales. The objectives of the #AIFC are to attract investment into the #Kazakhstan economy by establishing an attractive environment for investment in financial services, developing local capital markets and ensuring their integration with the international capital markets. The legal status of the AIFC is determined by the AIFC Law.
In this article, Yekaterina Khamidullina considers the key specifics of #legal #regulation of #labour relations in the AIFC, which are important for both companies that are already registered with the AIFC and those contemplating to registering their subdivisions with the AIFC in the future.
Please click the link to read a comprehensive guide to the regulation of labour relations in the AIFC that highlights differences between the regime in the AIFC and in Kazakhstan, as well as some areas of ambiguity in the drafting of the AIFC Regulations.