Arxo Findings Register · Arxo Law

ARXO-2026-0037 · Reported

FEES Schedule 6, table 6.1 (Digital Asset Trading Facility): no rule for an average daily trading value of exactly 500 000 USD

The variable fee is "not applicable" where the average daily trading value is "less than 500 000 USD" and is the greater of the trading levy and 5 000 USD where it is "more than 500 000 USD". A value of exactly 500 000 USD is covered by no branch, while the outcomes on either side differ (0 USD and at least 5 000 USD for the quarter).

Proposed correction

Please include an average daily trading value of exactly USD 500,000 in one band only.

Jurisdiction
Kazakhstan — AIFC
Act
AIFC Fees Rules (FEES), AIFC Rules No. FR0007 of 2017, V18
Place
FEES Schedule 6, table 6.1, row 'Operating a Digital Asset Trading Facility'
Record
Discrepancy
Class
Text of the act
Where it arose
The text of the act
Arxo's conclusion
Confirmed
Official text
Unchanged at last check
Last checked
2026-10-25

Evidence

Reproduced by execution. Quotations are verbatim from the official material; translations are ours and marked.

where the average daily trading value is less than 500 000 USD, is not applicable;
Normative text · AIFC Fees Rules (FEES), V18, with amendments as of 13 November 2025 · Schedule 6, table 6.1, row 'Operating a Digital Asset Trading Facility**', variable fee bullet 1 · retrieved 2026-10-23 · SHA-256 b5e10ace11734eda9e2edf7ab4dc62ef97ee659e460dbcb48ab5c4815f8de8f6 · copy
where the average daily trading value is more than 500 000 USD:
Normative text · AIFC Fees Rules (FEES), V18, with amendments as of 13 November 2025 · Schedule 6, table 6.1, row 'Operating a Digital Asset Trading Facility**', variable fee bullet 2 · retrieved 2026-10-23 · SHA-256 b5e10ace11734eda9e2edf7ab4dc62ef97ee659e460dbcb48ab5c4815f8de8f6 · copy
5 000 USD,
Normative text · AIFC Fees Rules (FEES), V18, with amendments as of 13 November 2025 · Schedule 6, table 6.1, same cell, floor · retrieved 2026-10-23 · SHA-256 b5e10ace11734eda9e2edf7ab4dc62ef97ee659e460dbcb48ab5c4815f8de8f6 · copy
variable fee is calculated on a quarterly basis by multiplying the average daily trading value by the active trading days in the relevant quarter.
Normative text · AIFC Fees Rules (FEES), V18, with amendments as of 13 November 2025 · Schedule 6, Notes (2) · retrieved 2026-10-23 · SHA-256 b5e10ace11734eda9e2edf7ab4dc62ef97ee659e460dbcb48ab5c4815f8de8f6 · copy
where the average daily trading value is less than 500 000 USD, is not applicable;
Amending act · AIFC Fees Rules, Amendments No. 14 and No. 14.1 (2023) · A14 merged PDF p.12 (origin) · retrieved 2026-10-23 · SHA-256 bd11d229dfdd313809a02cb41a0326bfdae66d26cb01aa3d4d4a206fc54b647e · copy

How to check it without Arxo's tools

  1. Open AIFC Fees Rules (FEES), V18, with amendments as of 13 November 2025 and find Schedule 6, table 6.1, row 'Operating a Digital Asset Trading Facility**', variable fee bullet 1; Schedule 6, table 6.1, row 'Operating a Digital Asset Trading Facility**', variable fee bullet 2; Schedule 6, table 6.1, same cell, floor; Schedule 6, Notes (2). Compare the text with the quotation above. A copy is kept in this register: b5e10ace11734eda-fees-v18.pdf (SHA-256 b5e10ace11734eda9e2edf7ab4dc62ef97ee659e460dbcb48ab5c4815f8de8f6, copy of the official file).
  2. Open AIFC Fees Rules, Amendments No. 14 and No. 14.1 (2023) and find A14 merged PDF p.12 (origin). Compare the text with the quotation above. A copy is kept in this register: bd11d229dfdd3138-fees-a14.pdf (SHA-256 bd11d229dfdd313809a02cb41a0326bfdae66d26cb01aa3d4d4a206fc54b647e, copy of the official file).
  3. The finding holds if the quoted passages read as shown and the comparison gives the result stated at the top of this page. If it does not, write to us with the record ID.

How this finding was made

AI agents read the official texts, turned the provisions concerned into executable rules and ran the comparison; they also drafted this record. A person at Arxo checked the finding and approved the report before it was sent (2026-10-27).

Responsible institutions

Reported to

DateInstitutionChannelReference
2026-10-27Astana Financial Services Authority (AFSA)e-mail

Responses

No response recorded.

History

  1. 2026-10-23Confirmed by Arxo
  2. 2026-10-27Entered in the register
  3. 2026-10-27Reported to Astana Financial Services Authority (AFSA) (e-mail)

Cite this record

Arxo Law, Arxo Findings Register, ARXO-2026-0037, https://arxo.io/findings/ARXO-2026-0037/ (status as of 2026-10-25). Data: ARXO-2026-0037.json.