GRATA Belarus took part in the German-Belarusian Economic Club
On June 9, 2021, Natalia Zhuk, Senior Associate at GRATA International, Belarus, spoke at the German-Belarusian Economic Club with a detailed analysis of the novels regarding the legislative regulation of export and import operations in connection with the adoption of a new version of the law on foreign exchange regulation and foreign exchange control in Belarus.
GRATA International in IFLR1000’s banking and finance rankings
IFRL1000 has released its first of four group rankings as part of its 31st edition. Practice areas covered by this release include asset finance, banking and finance, bank lending, financial restructuring, financial services regulatory, and project finance.
The Central Bank of Uzbekistan has reviewed the rules of emission and using bank cards
On April 3, the Central Bank of Uzbekistan has approved a new Regulation “On the rules of emission and using bank cards within the territory of the Republic of Uzbekistan” (the “Regulation”). The Regulation was adopted by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No.3294.
The President of the Republic of Uzbekistan adopted the Resolution “On measures for further improvement of the system of capital market regulation”
The Capital Market Development Agency (the “Agency”) is abolished in accordance with the Resolution of the President “On Measures for Further Improvement of the Capital Market Regulatory System” No.ПП-5073 dated 13 April 2021 (the “Resolution No.ПП-5073”). The Ministry of Finance has succeeded to all rights, obligations and treaties of the Agency.
New refinance rate
April 21, 2021, the refinance rate of the National Bank has been set at 8.5% per annum (previously the rate was 7.75% per annum).
Submission of information on the income of individuals - a single database
On April 10, 2021, a resolution of the Council of ministers came into force, which defined the functioning of the AIS accounting of personal income. The owner of the AIS will be the Ministry of Taxation.
15.04.2021
Legal 500, one of the most reputable international directories, released its latest rankings of leading law firms and lawyers in Europe, Middle East and Africa.
The long-term credit rating of Uzbekistan remains at «B1» level with stable forecast
The ongoing reforms of the Republic of Uzbekistan in 2017-2021 allowed to keep stable rating "B1" in the international rating agency Moody`s Investors Service (hereinafter - “Agency”).
GRATA International Russian team in Pravo.ru-300 «Recommended Lawyers»
Along with its rankings of law firms, the leading Russian rating directory Pravo.ru-300 has released a list of the best legal experts in 29 practice areas. This year over 900 top lawyers were included in the recommendations list. Among the country’s best lawyers are 6 members of GRATA’s Russian team.
10.03.2021
A leading Russian law firms rating directory Pravo-300 released the results of its first ever research of legal markets of CIS countries. The main goal of Pravo-300 International is to provide an overview of the regional legal market, identify main players and help Russia law firms find reliable partners for projects in the local jurisdictions.
The President of the National Bank of Georgia adopted the Order on the Approval of the Rule on Insider Trading, Illegal Disclosure of Insider Information and Market Manipulation
On 8 October 2020, Order of the President of the National Bank of Georgia on the approval of the Rule on Insider Trading, Illegal Disclosure of Insider Information and Market manipulation was published on the website of the Legislative Herald of Georgia.
Parliament of Georgia adopted the new law on Rehabilitation and Collective Satisfaction of Creditors
On 18 September 2020, new law on Rehabilitation and Collective Satisfaction of Creditors was published on the website of the Legislative Herald of Georgia.