Rules for issuing and circulating electronic money have been approved in Uzbekistan
The Resolution of Board of the Central Bank No.3231 dated April 29, 2020, approved the Rules developed in accordance with the Law “On Payments and Payment Systems” No.ЗРУ-578 dated November 1, 2019 (hereinafter “the Law No.ЗРУ-578”), governing the issue, sale, acquisition, use and redemption of electronic money (the “Rules”).
Decision of the Central Bank of the Republic of Azerbaijan on additional measures to support individuals and entrepreneurs amid coronavirus pandemic
On April 23, 2020, the Management Board of the Central Bank of Azerbaijan adopted a decision “on additional measures to support individuals and entrepreneurs amid coronavirus pandemic”.
16.04.2020
The firm rises in the rankings released by Legal 500 and takes positions in eight jurisdictions – Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan.
The Government of the Kyrgyz Republic has approved anti-crisis
financial and fiscal measures to support entrepreneurial activity
As part of the work on the economic consequences of the virus, on 31 March 2020 the Government of the Kyrgyz Republic has adopted a series of measures aimed at supporting entrepreneurial activity.
Privatization of large enterprises expected in Uzbekistan
In Uzbekistan, a draft Presidential Decree "On additional measures to reduce the state's participation in the economy" was published for discussion.
Senate of the Republic of Uzbekistan approved eight laws and rejected the Law on international commercial arbitration
During the second plenary session of the Senate of the Oliy Majlis several laws were discussed, with eight draft laws being approved and one rejected. Senators rejected the Law “On International Commercial Arbitration”.