JD Supra Kazakhstan
- Publisher:
- JD Supra
- Publication date:
- 2019-04-29
Publisher
- JD Supra (154)
Law Firm
- Dentons (93)
- Morgan Lewis (39)
- White & Case LLP (15)
- Dechert LLP (3)
- Michael Volkov (1)
- King & Spalding (1)
- Cadwalader, Wickersham & Taft LLP (1)
- Moore & Van Allen PLLC (1)
Latest documents
- Kazakhstan plans to introduce a unified regime for procurement of goods (works, services) in the quasi-state sector
Currently, the legal acts regulating the procedures for the procurement of goods (works, services) by quasi-state entities include, amongst others, the Kazakhstan Law "On State Property", the Kazakhstan Law "On Sovereign Wealth Fund", and the Kazakhstan Law "On State Procurement".
- New rules for working with personal data in Kazakhstan
A new draft law has been introduced in Kazakhstan that will significantly change the conditions for working with personal data and strengthen data protection. In this brief overview, we cover what you need to know about the expected changes and how they will affect your business.
- Employment termination under Article 50.3 of the Kazakhstan’s Labor Code: the Supreme Court’s position
In April 2021, the Supreme Court of Kazakhstan made an important decision that affects employers. It ruled that an employer is not entitled to terminate a labor agreement upon mutual consent with payment of the compensation provided in the labor agreement, after this provision was removed from the Labor Code in May 2020, even if such an agreement was made during the validity period of Article 50.3.
- The impact of the GDPR in Kazakhstan
Recent changes related to personal data protection show that Kazakhstan strives to be a part of jurisdictions that recognize the importance of the development of the legal framework for the protection of personal data and that are actively adopting the basic principles set out in the EU’s GDPR.
- Latest Amendments to Kazakhstan's Public-Private Partnership Legislation
The president of the Republic of Kazakhstan signed Law No. 399-VI, On Amendments into Certain Labour-Related Legislative Acts of the Republic of Kazakhstan (the Amendment Law), on January 2, 2021.
- Investment disputes in Kazakhstan: important amendments to legislation
The head of state has signed a number of laws related to the modernization of the judicial system, including the Law introducing certain amendments (the "Law") to the Civil Procedure Code (the "CPC") and the Administrative Procedure and Process-related Code (the "APPC").
- International Capital Markets Newsletter - March 2021 - Issue 3: Recent Developments in Kazakhstan Capital Market Regulations Affecting Commercial Bank Issuers
Dechert’s International Capital Markets team analyzes some of the practical considerations that Kazakhstan banks should take into account when considering offering their securities domestically and internationally.
- One will be able to check credibility of one’s business partner in Kazakhstan
Starting from July 1, 2021, the National Chamber of Entrepreneurs of the Republic of Kazakhstan "Atameken" plans to launch an information system called the ‘Business Partners Register’.
- Kazakhstan continues improving the regulatory framework of concessions and public-private partnerships
On January 2, 2021, Kazakhstan introduced amendments to various laws including the Concession Law and PPP Law (the “Amendments”). The Amendments aim to clarify and improve a number of provisions of the Concession Law and PPP Law.
- Kazakhstan plans to join the EAEU’s Trademarks Agreement
Kazakhstan is actively discussing the draft law on accession to the Agreement on Trademarks of the Eurasian Economic Union (the “Agreement”).
Featured documents
- Potential Amendments to the Kazakhstan Legal Regime for Exploration and Production of Oil and Gas
New amendments to the legal regime for exploration and production of oil and gas in Kazakhstan have been developed by a government working group. Affecting the Subsoil Use Law, the Code on Administrative Violations and the Environmental Code, the amendments primarily aim, on the one hand, to ...
- Amendments to the Kazakhstan Legal Regime for the Mining Industry
The Law of the Republic of Kazakhstan “On introduction of amendments and additions to certain legislative acts on subsoil use matters” No. 271-V 3PK was adopted on 29 December 2014 and, save for the specified provisions, became effective from 11 January 2015. Affecting the Subsoil Use Law,...
- Kazakhstan’s accession to the WTO: new local content requirements
On 9 November 2015, in connection with Kazakhstan’s accession to the WTO, amendments to the subsoil use legislation made came into force and significantly altered the existing local content requirements. We summarize below the key changes to the requirements for local content in goods, works &...
- The Republic of Kazakhstan Ministry of Information and Communications is a new regulator in the field of mass communications
In May 2016 the President of Kazakhstan Nursultan Nazarbayev directed that a Ministry of Information and Communications (hereinafter, the Ministry of Information) be created. The President noted that the coordination of information activities in the state and control over the distribution of...
- Client alert on latest amendments to the Criminal Code in Kazakhstan
On 17 July 2017, the Law of the Republic of Kazakhstan dated 3 July 2017 No. 84-VI “On amendments and additions to some legislative acts of Kazakhstan on issues of improvement of law enforcement system” (the Law) entered into force. The Law envisages the humanization and decriminalization of some...
- Kazakhstan Proposes to Amend Tax Laws on Controlled Foreign Corporations
An important update to the Controlled Foreign Corporations (CFC) regime, which is expected to be adopted in March, is being considered in Kazakhstan to narrow the scope of the CFC rules temporarily....
- Economic Stabilization and Business Support in Kazakhstan During COVID-19
In response to the coronavirus (COVID-19) pandemic and the resulting economic fallout, the government of Kazakhstan has introduced several emergency measures to stabilize the country’s economy and help businesses. ...
- Important changes in the regulation of force majeure in Kazakhstan
In our alert dated March 27, 2020, we discussed the possible impact of the COVID-19 pandemic and the state of emergency regime imposed by the Decree of the President of the Republic of Kazakhstan dated March 15, 2020, on the performance of contractual obligations. Subsequently, on May 6, 2020, the...
- Kazakhstan introduces new concept of private placement of bonds
As of January 16, 2020, it will be possible to carry out a private placement of non-sovereign bonds in Kazakhstan, i.e., it shall be possible to offer bonds to a limited number of investors. In principle, an issuer of non-sovereign bonds has had the right to offer bonds to particular investors in...
- New rules for working with personal data in Kazakhstan
A new draft law has been introduced in Kazakhstan that will significantly change the conditions for working with personal data and strengthen data protection. In this brief overview, we cover what you need to know about the expected changes and how they will affect your business....