Arxo Findings Register · Arxo Law

ARXO-2026-0062 · Reported

GEN 2.2.1 and 2.3.1: the ranges of Controlled and Designated Functions are out of date

GEN 2.2.1 says "The functions specified in GEN 2.2.2 to 2.2.5 are Controlled Functions", but the MLRO function is now GEN 2.2.5-1. GEN 2.3.1 says "The functions specified in GEN 2.3.2 to 2.3.4 are Designated Functions", but 2.3.4 is omitted and the Risk Manager and Internal Audit Manager functions are 2.3.5 and 2.3.6.

Proposed correction

"GEN 2.2.2 to 2.2.5-1" in GEN 2.2.1 and "GEN 2.3.2 to 2.3.6" in GEN 2.3.1 (editorial corrections under section 19(3)(a) of the AIFC Regulations on AIFC Acts).

Jurisdiction
Kazakhstan — AIFC
Act
AIFC General Rules (GEN), V20
Place
GEN 2.2.1 / page 15
Record
Discrepancy
Class
Amendments
Where it arose
The amending act
Arxo's conclusion
Confirmed
Official text
Unchanged at last check
Last checked
2026-10-25

Evidence

Contradiction within the text. Quotations are verbatim from the official material; translations are ours and marked.

The functions specified in GEN 2.2.2 to 2.2.5 are Controlled Functions.
Normative text · AIFC General Rules (GEN), V20 · GEN 2.2.1 / page 15 · retrieved 2026-10-23 · SHA-256 e863a30c73072b0323a4d064ab0e3f7e103428a7992f91360ed19a173a68e681 · copy
(d) Money Laundering Reporting Officer.
Normative text · AIFC General Rules (GEN), V20 · GEN 2.1.1(1)(d) / page 15 · retrieved 2026-10-23 · SHA-256 e863a30c73072b0323a4d064ab0e3f7e103428a7992f91360ed19a173a68e681 · copy
2.2.5-1 Money Laundering Reporting Officer
Normative text · AIFC General Rules (GEN), V20 · GEN 2.2.5-1 / page 16 · retrieved 2026-10-23 · SHA-256 e863a30c73072b0323a4d064ab0e3f7e103428a7992f91360ed19a173a68e681 · copy
The functions specified in GEN 2.3.2 to 2.3.4 are Designated Functions.
Normative text · AIFC General Rules (GEN), V20 · GEN 2.3.1 / page 17 · retrieved 2026-10-23 · SHA-256 e863a30c73072b0323a4d064ab0e3f7e103428a7992f91360ed19a173a68e681 · copy
2.3.4. [intentionally omitted]
Normative text · AIFC General Rules (GEN), V20 · GEN 2.3.4 / page 18 · retrieved 2026-10-23 · SHA-256 e863a30c73072b0323a4d064ab0e3f7e103428a7992f91360ed19a173a68e681 · copy
The Risk Manager function is carried out by an individual who is a Director, Partner or
Normative text · AIFC General Rules (GEN), V20 · GEN 2.3.5 / page 18 · retrieved 2026-10-23 · SHA-256 e863a30c73072b0323a4d064ab0e3f7e103428a7992f91360ed19a173a68e681 · copy
The Internal Audit Manager function is carried out by an individual who is a Director, Partner or
Normative text · AIFC General Rules (GEN), V20 · GEN 2.3.6 / page 18 · retrieved 2026-10-23 · SHA-256 e863a30c73072b0323a4d064ab0e3f7e103428a7992f91360ed19a173a68e681 · copy
Any of the functions specified in GEN 2.3.
Normative text · AIFC Glossary (GLO), V23 · Glossary V23, entry "Designated Functions" · retrieved 2026-10-23 · SHA-256 041617346ad87a9ff3634eff95b3b92f65ee5f4965298a2c1137b8b9a8374b45 · copy

How to check it without Arxo's tools

  1. Open AIFC General Rules (GEN), V20 and find GEN 2.2.1 / page 15; GEN 2.1.1(1)(d) / page 15; GEN 2.2.5-1 / page 16; GEN 2.3.1 / page 17; GEN 2.3.4 / page 18; GEN 2.3.5 / page 18; GEN 2.3.6 / page 18. Compare the text with the quotation above. A copy is kept in this register: e863a30c73072b03-gen-v20.pdf (SHA-256 e863a30c73072b0323a4d064ab0e3f7e103428a7992f91360ed19a173a68e681, copy of the official file).
  2. Open AIFC Glossary (GLO), V23 and find Glossary V23, entry "Designated Functions". Compare the text with the quotation above. A copy is kept in this register: 041617346ad87a9f-glo-v23.pdf (SHA-256 041617346ad87a9ff3634eff95b3b92f65ee5f4965298a2c1137b8b9a8374b45, 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-2026-0062, https://arxo.io/findings/ARXO-2026-0062/ (status as of 2026-10-25). Data: ARXO-2026-0062.json.