{
  "id": "ARXO-2026-0057",
  "url": "https://arxo.io/findings/ARXO-2026-0057/",
  "record_kind": "question",
  "class": "question",
  "class_label": "Question of reading or data",
  "jurisdiction": "KZ",
  "jurisdiction_detail": "AIFC",
  "act": "AIFC General Rules (GEN), V20",
  "acts": [
    "AIFC Rules No. FR0001 of 2017 (General Rules)"
  ],
  "location": "GEN 1.3.3-1 / page 13",
  "text": {
    "en": {
      "title": "GEN 1.3.3-1 cites section 41(1) of the Framework Regulations, which sets only a fit-and-proper criterion",
      "summary": "GEN 1.3.3-1 assesses whether an Ancillary Service Provider can be effectively supervised \"for the purposes of section 41(1) of the Framework Regulations\". Section 41(1) contains only the fit-and-proper criterion, while for Authorised Firms the effective supervision criterion is a separate item (section 34(1)(c)).",
      "correction": "Please clarify whether effective supervision under GEN 1.3.3-1 forms part of the fit-and-proper assessment under section 41(1), or cite the provision it relies on."
    }
  },
  "status": {
    "badge": "reported",
    "label": {
      "en": "Reported",
      "ru": "Сообщено"
    },
    "conclusion": "confirmed",
    "official_text": "unchanged",
    "addressee": "none",
    "last_checked": "2026-10-23",
    "fixed_on": null,
    "correction_type": null,
    "under_review": false
  },
  "origin": "The text of the act",
  "evidence": {
    "method": "Contradiction within the text",
    "quotes": [
      {
        "location": "l1",
        "source": "AIFC General Rules (GEN), V20",
        "role": "Normative text",
        "language": "en",
        "edition": null,
        "locator": "GEN 1.3.3-1 / page 13",
        "text": "purposes of section 41(1) of the Framework Regulations, the AFSA will consider:",
        "translations": {},
        "url": "https://aifc.kz/wp-content/uploads/2024/06/gen-_v20_01.01.2026.pdf",
        "sha256": "e863a30c73072b0323a4d064ab0e3f7e103428a7992f91360ed19a173a68e681",
        "retrieved": "2026-10-23",
        "copy": "sources/e863a30c73072b03-gen-v20.pdf",
        "copy_sha256": "e863a30c73072b0323a4d064ab0e3f7e103428a7992f91360ed19a173a68e681",
        "copy_kind": "copy of the official file"
      },
      {
        "location": "l2",
        "source": "AIFC Financial Services Framework Regulations, V12",
        "role": "Later act",
        "language": "en",
        "edition": null,
        "locator": "FSFR V12 s.41(1)",
        "text": "Ancillary Services if it is satisfied that the Centre Participant is fit and proper.",
        "translations": {},
        "url": "https://aifc.kz/wp-content/uploads/2024/05/fsfr_v12-18.10.2024-itf_gk.pdf",
        "sha256": "9c995b9be0e4359d9a595afe7d0a9d5d9f3a4597c3ee3255db2b2e1df520b5c3",
        "retrieved": "2026-10-23",
        "copy": "sources/9c995b9be0e4359d-fsfr-v12.pdf",
        "copy_sha256": "9c995b9be0e4359d9a595afe7d0a9d5d9f3a4597c3ee3255db2b2e1df520b5c3",
        "copy_kind": "copy of the official file"
      }
    ]
  },
  "impact_shown": false,
  "notified": [
    {
      "date": "2026-10-27T07:53:59Z",
      "institution": "Astana Financial Services Authority (AFSA)",
      "channel": "email",
      "role": "author of the AIFC Rules"
    }
  ],
  "responsible": [
    {
      "institution": "Astana Financial Services Authority (AFSA)",
      "role": "author of the AIFC Rules"
    }
  ],
  "responses": [],
  "approval": "2026-10-27",
  "ai_role": {
    "en": "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)."
  },
  "credit": [],
  "press_date": null,
  "earlier_publications": [],
  "reproduction": [],
  "sources": [],
  "related": [],
  "first_published": "2026-10-27T08:42:00Z",
  "history": [
    {
      "date": "2026-10-23",
      "event": "confirmed",
      "text": "Confirmed by Arxo"
    },
    {
      "date": "2026-10-27",
      "event": "entered",
      "text": "Entered in the register"
    },
    {
      "date": "2026-10-27",
      "event": "reported",
      "text": "Reported to Astana Financial Services Authority (AFSA) (e-mail)"
    }
  ]
}