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”.
The Central Bank will change the grounds for blocking accounts for the first time in eight years
The Central Bank has published amendments to regulation 375-P, which relate to signs of suspicious transactions.
Amendments to Foreign Currency Regulation
On February 20, 2020, the Management Board of the Central Bank of the Republic of Azerbaijan approved a decision on amendments to the “Regulations on currency operations of residents of the Republic of Azerbaijan in foreign currency, and non‐residents in national and foreign currencies”.