GRATA International tops
asialaw Profiles 2020
Kazakhstan rankings
Following in-depth research, asialaw Profiles have selected the best law firms and experts in 25 Asian jurisdictions: from Australia to Vietnam.
President signed the Law
on Banks and Banking
Activities
On November 5, 2019, President of the Republic of Uzbekistan signed the Law on Banks and Banking Activities in a new edition.
President signed the Law
On the Central Bank of the
Republic of Uzbekistan
President signed the Law On the Central Bank of the Republic of Uzbekistan in a new edition.
On the amendments and
supplements to regulatory legal
acts of the National Bank of the KR and approval of the Regulation on the requirements for information
disclosure on the activities of
commercial banks
In order to improve regulatory legal acts of the National Bank in terms of market risk (interest rate risk) management and bringing them into compliance with the international standards of the Basel Committee on Banking Supervision, the Board of the National Bank of the Kyrgyz Republic on October 30, 2019 adopted
18.11.2019
On ratification of the Agreement between the Government of the Republic of Belarus and the Government of the United Kingdom of Great Britain and Northern Ireland on International Road Transport.
LAWASIA held the 32nd
Conference: Harmonisation
through Synergy
On November 5-8, 2019, the LAWASIA Conference in Hong Kong was held.
GRATA International took part in
the VII Belarusian Forum of
Corporate Lawyers in Minsk
The law firm GRATA International was represented by a senior associate Olga Velishkevich, who was a speaker in the section “Trade schemes with offshores: practice and taxation with amendments ‘2019” on subject “Problems of opening accounts for non-residents around the world. New KYC Standards”.
29.10.2019
On 22 October, 2019, the President of Uzbekistan signed a new edition of the Law “On currency regulation”.
The program "Financing micro -
small and medium enterprises" to be launched in Uzbekistan
The Ministry of Investment and Foreign Trade, together with the German federal government represented by the KfW Development Bank, plans to launch the financial sector program “Financing Micro, Small and Medium Enterprises (MSMEs)” in the second half of 2020.
29.10.2019
The credit-rating Agency of Belgium Credendo has dramatically improved its valuation of the political and economic situation in Uzbekistan.
Law of the Republic of Azerbaijan “on Insurance activity”
Pursuant to the newly introduced changes in the Law of the Republic of Azerbaijan on “Insurance activity” (Insurance Law), a new article was added to the Civil Code of the Republic of Azerbaijan (Civil Code).
On the implementation of virtual
cash register
In order to improve the online cash register, the Law of the Kyrgyz Republic No. 39 of April 13, 2018 introduced a change to the Tax Code of the Kyrgyz Republic in terms of the definition of a "virtual cash register ", which provides for the use of smartphones or computers along with the hardware cash register after the installation of the relevant software.