• Download the mobile app

AIFC should become a reliable financial platform – the President

The Chief Justice of the Astana International Financial Center Court Lord Mance has taken the oath. The ceremony was held online. The President took part in it, a correspondent of Khabar 24 reports.

Kassym-Jomart Tokayev stressed that Kazakhstan always pays special attention to forming a modern, professional and independent judicial system that meets international standards. Establishing the AIFC Court on the initiative of Elbasy once again proves the country's deep commitment to structural reforms in the judicial system.

The Lord Mance, the Chief Justice of the AIFC Court:

- I solemnly declare and confirm that I will honestly and truthfully serve as the Chief Justice of the AIFC Court. I will render justice in relation to all people, in accordance with the Constitution of Kazakhstan and the current law impartially, without fear, preference or hostility.

 Kassym-Jomart Tokayev, the President of the Republic of Kazakhstan:

- The AIFC Court affords an opportunity for investors working in Kazakhstan or planning to come to the country to meet here worthy judges, procedures, practices and standards that are identical to their counterparts in other large financial centers around the world. Experienced common law judges, known for their impartiality, honesty and integrity, are also a guarantee of a stable judiciary and the rule of law.

Kassym-Jomart Tokayev also noted that the work of the Astana International Financial Center is of great importance for economic recovery. Especially now, amid global shocks caused by the pandemic and falling oil prices.

Kassym-Jomart Tokayev, the President of the Republic of Kazakhstan:

- AIFC should become a synonym for a reliable financial platform and increase confidence and trust in Kazakhstan from foreign investors. In turn, being a key part of the Center’s structure, an independent common law judicial system represented by the Court plays an important role in the functioning of the AIFC and, accordingly, in the effective implementation of the Kazakhstan Investment Program.