The agency on regulation of activity of the Regional Financial Center of Almaty is created by the Decree of President of the Republic of Kazakhstan from 01 02.2006 № 55. The basic objective of agency is creation of stock market on the level of industrially developed countries, which will help to attract long-term investments between the countries of Eastern Europe and Asia that allows for high liquidity of Kazakhstan stock market and providing the exit for Kazakhstan capital onto the foreign stock markets. RFCA is a separate part of the financial market of Kazakhstan with simplified access to it for non-residents. Its legal status – Zone with special legal regime which is valid on the entire territory of Almaty city. Only requirements for working within RFCA are registration with the executive body of RFCA (Agency) and office in the city of Almaty. Any foreign or domestic financial organization with a good reputation can set up a brokerage company in RFCA. Financial operations in RFCA can be done in US Dollars, Kazakhstan Tenge, Russian Roubles and other currencies of the region. Financial transactions of organizations set up in RFCA are not restricted by currency regulation laws of Kazakhstan Agency of RK on regulation of the activity of RFCA manages the Financial Centre and carries out the registration of its members. The Agency is a state body and reports directly to the President of the RK. Agency of RK on regulation of financial markets and financial organizations overlooks the activity of the stock exchange and companies set up in RFCA. Arguments between members of RFCA are solved either through the specialized financial court of RFCA or court of arbitration. International Consulting Council will be responsible for the strategy and will coordinate activity of the RFCA Agency. Its members will include leading domestic and international experts of the financial sector.