Through its subsidiary in the Kyrgyz Republic, John Tiner & Partners creates and arranges the issuance of securities and other investment instruments for professional clients. For over 25 years the firm has been a leader in creating financial instruments, including globally tradable securities – through its headquarters in Switzerland and a network in other countries.

The Kyrgyz Republic is a unique country with an open economy, no currency barriers, and extremely flexible financial markets legislation. Since 2006, John Tiner & Partners has been assisting in the development of the country’s securities market legislation, serving as a consultant to various governmental and official organizations, as well as key national stock market infrastructure institutions.

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Available instruments

Securities

• Stocks, SPAC equity
• Bonds, asset-backed bonds
• Investment funds
• Islamic Leasing Certificates (Sukuk)
• Islamic Asset Financing Certificates (Sukuk)
• Islamic Investment Management Certificates (Sukuk)
• Islamic Investment Agency Certificates (Sukuk)
• Islamic Partnership Certificates (Sukuk).

Derivative financial products

• Forward contracts (exchange-traded / OTC)
• Options (exchange-traded / OTC)
• Futures
• Complex derivatives
• Structured products
• Foreign exchange products
• Tracker instruments on foreign financial products.

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Scenarios

• Asset/project financing in Kyrgyzstan & globally
• Financing of working trade capital
• Asset management (funds, portfolio strategies)
• Raising investment from Shariah-compliant funds and family offices
• Packaging assets into Shariah-compliant securities.

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Underlying Assets

Review the current list of underlying assets for our derivative / structured financial products:

• synthetic derivative contracts (e.g., settlement-only forward contracts), traded on a stock exchange or OTC in the Kyrgyz Republic, fully backed by the underlying instrument
• depositary securities – depositary receipts, depositary notes, fully backed by the underlying instrument
• financial instruments being ‘securities’ under the law of issuing jurisdiction (ISIN allocated), but being blockchain tokens in form (security tokens), fully backed by the underlying instrument
• structured products / notes, enabling the investor to assume market risk/potential reward from price movement of the underlying instrument