Upon receipt of a complete application package, a non-disclosure agreement (NDA) and a consent form for the collection and processing of personal data must be signed. Information about the applicant is also sent to the «Baqylauda» information system for the relevant verification procedures:
The application is submitted through the Client Portal
At stage 1, indicative preliminary financing terms are determined. The project review includes financial, economic, legal, environmental and social assessments, as well as risk assessment. Review period is up to 25 business days from the date the applicant provides the complete application package.
At stage 2, the final project review includes financial, economic, legal, environmental and social, risk assessments, taking into account fulfilment of conditions precedent accepted during the indicative review stage and independent project reviews, if required. Review period is up to 35 business days from the date the applicant provides the complete application package and fulfils all conditions precedent, including analysis and approval of the main financing terms for the project.
The applicant’s client portal is provided by Qazaqstan Investment Capital Management Ltd. (QICM Ltd.), registered in the Astana International Financial Centre (AIFC) and regulated by the relevant AIFC authorities.
Your data is processed jointly by Qazaqstan Investment Capital Management Ltd. (AIFC) and Qazaqstan Investment Corporation JSC (QIC) (Republic of Kazakhstan). We are joint controllers of your data.
The information system is operating in pilot mode. Under AIFC requirements, this processing is classified as high-risk activity. The Company takes all appropriate technical and organisational measures to secure your data in accordance with AIFC standards.
When registering and submitting an application through the Client Portal, we may collect:
Receiving and reviewing investment applications, structuring transactions:
Technical support for the Client Portal, monitoring Group investment activity and preparing corporate reporting.
Your data is used for:
We process your data based on:
Necessity to review your application
Compliance with legal obligations (KYC/AML and other regulatory requirements)
Our legitimate interests in risk management and rights protection, balanced against your rights
Your consent
Your data may be transferred to:
Data will be stored on the servers of Qazaqstan Investment Corporation JSC. Your data is stored during the application review and potential transaction process and then for the periods required by legislation and our internal archiving rules.
Please note that data is transferred to Qazaqstan Investment Corporation JSC, located in the jurisdiction of the Republic of Kazakhstan (outside the AIFC). Since the Republic of Kazakhstan is recognised as a third country without adequate protection status in the AIFC, the transfer is carried out using appropriate safeguards in line with AIFC Data Protection Regulations.
You have the right to:
To exercise your rights, contact us:
info@qicm.kz