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GRATA International in Chambers Global 2020
Following the release of Chambers Global 2020, one of the most reputable international legal directories identifying best legal experts across the globe, GRATA International solidifies its position as one of the leading law firms in Eastern Europe and Central Asia by entering rankings in six countries.
Uzbekistan passed the Law on Investments and Investment Activities
Starting from January 27, 2020, the Law of December 25, 2019, № ZRU – 598 "On Investments and Investment Activities" will enter into force.
Interpretations of The Code of Administrative Offenses by Constitutional Court: Azerbaijan
On 19 December 2019 Azerbaijan’s Constitutional Court (“CC”) adopted a decision on Interpretations of Articles 38.1 and 430.4 of the Code of Administrative Offenses of the Republic of Azerbaijan (“Code”).
Astana International Financial Center (AIFC) held a working meeting on January 9-10, 2020 in Almaty
A working meeting was held at the AIFC office in Almaty, where the final results of the work of the AIFC and its burse (Astana International Exchange) for 2019 and plans for 2020 were discussed.
Results of the twenty-fifth plenary session of Senate of the Oliy Majlis of Uzbekistan
Senate members reviewed the Law “On investments and investment activities”. It introduces the conceptual apparatus, determines the types of investments by destination (capital, financial and social).
A new procedure for the circulation of securities has been established in Uzbekistan
The capital market Development Agency Republic of Uzbekistan has established a new procedure for the circulation of securities. The new procedure allows circulation of securities only in the case of after the completion of their placement period.