Legal & Regulatory Counsel, Payments (Kazakhstan)New

Binance
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The opportunity

Binance is exploring opportunities to expand its licensed payment business in Kazakhstan and the broader CIS region. We are looking for a Legal & Regulatory Counsel to provide end-to-end legal and regulatory support to the local licensed payment business: from licensing and…

What you'll do

  • Support the licensing process with the NBK and AFSA: preparation of application packages, legal analysis, internal documents, and responses to regulator queries;

  • Monitor and analyse Kazakhstan legislation and regulations on payments,: e-money, currency regulation, AML/CFT, and personal data, as well as the AIFC/AFSA framework; assess their impact on the business and advise on implementation;

  • Prepare formal regulatory correspondence, requests for clarification, and: comments on draft regulations; participate in meetings and discussions with the NBK, AFSA, and other authorities;

  • Provide legal support for regulatory sandbox participation, including the: structuring of pilot products and testing conditions;

  • Draft, review, and negotiate agreements, including partner bank and client: fund safeguarding arrangements, outsourcing and intragroup service agreements, technology and vendor contracts, and client terms and conditions;

  • Conduct legal review of new products and services, including client: documentation, disclosures, and compliance with consumer protection requirements;

What they're looking for

  • Law degree from a recognised university; a master's degree (LLM) or equivalent is an advantage;
  • + years of legal experience focused on financial services regulation at a: bank, payment organisation, fintech company, or law firm with a financial services practice;
  • Hands-on experience of licensing and regulatory engagement with the NBK: and/or the Agency for Regulation and Development of the Financial Market;
  • Strong knowledge of the Law of the Republic of Kazakhstan "On Payments and: Payment Systems", NBK regulations on payment organisations and e-money, currency regulation, AML/CFT, and personal data legislation;
  • Knowledge of the AIFC/AFSA regulatory framework is a strong advantage;
  • Proven experience drafting and negotiating commercial agreements, including: banking, outsourcing, and technology contracts;
  • Experience in corporate law and governance of regulated financial entities;
  • Ability to translate complex regulatory requirements into practical business solutions;