Michael Blair QC (Hon Causa) and David Simpson attended the AIFC Law Conference in Astana, Kazakhstan, this week to celebrate the official opening of the Astana International Financial Centre (AIFC). The AIFC is the first international financial centre established in Central Asia and operates under a special legal regime based on the common law. Michael is the Chair of the AIFC Legal Advisory Board, which reviewed and approved the OVERALL LEGAL FRAMEWORK of the AIFC. “We believe this program provides a unique learning experience and a great opportunity to work with legal teams within CFHA,” he said. While much of the courses focus on the professional development of lawyers and business leaders whose jobs have significant legal content, the academy also focuses on law students – the future lawyers. The Academy offers an international summer internship program where students can gain knowledge about the AIFC legal framework, gain valuable local work experience, and build important relationships with the aim of networking and future employment opportunities. In 2020, the CFNA Law Academy launched an AIFC online distance legal internship program for law students and recent graduates, removing geographic barriers in the face of pandemic-related travel restrictions. “The Academy makes considerable efforts to give local and regional lawyers in particular the opportunity to learn international best practices with regard to their area of interest and professional functions. From a long-term perspective, this approach creates a pool of qualified personnel to contribute to the implementation of public and private reforms,” Gallo added. “The Academy is a modern provider of legal education services within the AIFC,” Gallo explained in his role. “Training, certificate programs and various other learning and development activities are conducted both online, through digital platforms and in a traditional live classroom. Thus, this educational model offers broad access to participation without geographical restrictions.
In addition, language should not be a barrier to learning. As a result, many of our activities are translated into other languages to complement our core Courses in English. Click here for an interview with AFSA CEO Steve Glynn on the creation of the AIFC legal framework. Founded in 2019, the AIFC Law Academy has already enjoyed positive success. The Academy is the operational pillar of the Office for Continuing Professional Development of the Astana International Financial Centre (AIFC). It implements educational practices to develop human capital and create a pool of local professionals with an international perspective. To date, more than 5,000 people in Kazakhstan and abroad have participated in the professional training programs of the BCPD and the Academy and have improved their skills and expertise. Основная часть 8 – Жобаның мүдделі тараптармен басқару. Educational services seek to bring learners to new levels of knowledge awareness and develop their practical skills. Twenty-seven interns from various jurisdictions, including Kazakhstan, the United Kingdom, the United States, Australia, Hong Kong, Brazil, China, India and Uzbekistan, were accepted into the AIFC Future Lawyers online legal internship program in the summer of 2020. In addition, in 2021, the Academy organized two programs of excellence for the further development of Kazakh judges. These sessions were developed and conducted jointly with the Judicial Academy of the Supreme Court of the Republic of Kazakhstan and the Court of the AIFC.
Nearly a hundred judges and other court staff learned international best practices in the areas of judicial administration, ethics and professional conduct, process efficiency, case management and day-to-day practical skills. NUR-SULTAN – Progressive institutional changes require highly skilled professionals who can achieve positive results based on their well-informed and informed perspectives and knowledge of international best practices, said David Russell Gallo, Director of the AIFC Law Academy, who spoke in a recent interview with the Astana Times about the Academy`s role in creating a more international legal environment. effective. “The application of digital technologies is not new in education. However, the pandemic has been the catalyst to accelerate the adoption of technological tools in the delivery of educational services,” Gallo said. Gallo believes that EdTech is a dynamic developing industry in Central Asia and strives to meet global standards in educational delivery. The private and public sectors are interested in the continuous development of professional skills within their workforce. Some online courses are suitable for employees of government agencies and specialized groups of corporate employees. Gallo noted that AIFC`s 2021 online legal internship program has been equally successful. Interns were distributed to AIFC agencies and organizations, including the AIFC Authority, AFSA, BCPD, Law Academy, Green Finance Center and Tech Hub. David was the main draftsman of the opinion on the legislation establishing both the Astana Financial Services Authority (AFSA) and the Astana International Exchange (AIX).
AFSA is the regulatory authority for the financial and non-financial activities of the AIFC. AIX is the first international exchange in Central Asia and a regional platform to attract investment to Kazakhstan and the Central Asian region under the Belt and Road Initiative. It will offer equity, debt and derivatives instruments, funds, commodity derivatives and Islamic financial products. According to Gallo, the AIFC is positioning itself as a global center for economic and financial affairs and has made significant progress in connecting the economies of Central Asia, the Caucasus, the EAEU, Western China, Mongolia, the Middle East and Europe. Therefore, professionals from neighbouring countries benefit from the training opportunities we offer in the areas of international law, trade and commerce. Введение – Жобаларды басқаруға кіріспе Основная часть 1 – Жобаларды басқару негіздері.