27.03.2018
On 1 June 2018, changes to the Civil Code of the Russian Federation (the 'Civil Code') and certain other federal laws will come into force in terms of regulation of certain types of obligations and contracts, and foreclosure on certain types of assets, introduced by Federal Law No. 212-FZ dated 26 July 2017.
Registration of medicines in the
Eurasian Economic Union
At the Pharmaceutical Forum of the EAEU and CIS countries held in Moscow in late February 2018, the Director of the Department of Technical Regulation and Accreditation of the Eurasian Economic Commission (EEС) said that the full-scale work on registration of medicines using the unified information system of the Eurasian Economic Union (EAEU) will start upon its launch scheduled on the first half of 2018. Currently, the integration segment of this system is ready, and the work to prepare national segments in each state of the EAEU is underway.
13.03.2018
In this article, SHAIMERDEN CHIKANAYEV outlines some of the key legal developments and challenges faced by the Islamic finance market in Kazakhstan in 2017 and provides an overview of some of the major factors that will shape the Islamic finance industry's growth and trends in Kazakhstan in 2018.
07.03.2018
On 1 March 2018 the Government of the Russian Federation by its decision No. 213 approved the criteria on the basis of which activities of legal entities and individual entrepreneurs are assigned with certain categories of risk for the purpose of state control over compliance with antitrust laws, and established three risk categories, respectively: average, moderate and low.
New state program on project
financing in Russia
The Government of the Russian Federation by its resolution No. 158 of 15 February 2018 approved:
- the Project Finance Factory program which provides for financing of investment projects on the basis of syndicated loan agreements (hereinafter - the 'Program');
- the Rules for Granting Subsidies from the Federal Budget to Compensate for Costs Associated with the Provision of Loans and Credits under the Project Financing Factory Mechanism (hereinafter - the 'Rules').
- the Project Finance Factory program which provides for financing of investment projects on the basis of syndicated loan agreements (hereinafter - the 'Program');
- the Rules for Granting Subsidies from the Federal Budget to Compensate for Costs Associated with the Provision of Loans and Credits under the Project Financing Factory Mechanism (hereinafter - the 'Rules').
Uzbekistan review - market
opportunities 2018
Uzbek government continues its strive to transform country's legislation and make Uzbekistan more open to foreign investment and international trade.