Working with the new refinancing rate
On March 1, 2023, the refinancing rate of the National Bank of the Republic of Belarus was lowered to 11% per annum (previously it was 11.5%). According to the National Bank, the rate will drop to 10.5% per annum from April 3rd (
On accepting payments for state and municipal services in non-cash form
For the purposes of switching to non-cash payments and settlements, introducing digital payments, developing other tools for accepting payments, achieving transparency in money circulation and reducing the share of the shadow economy in the Kyrgyz Republic, protecting consumer rights, by Resolution of the Cabinet of Ministers of the Kyrgyz Republic and the National Bank of the Kyrgyz Republic dated December 16, 2022
On establishing the terms for the formation of the minimum authorized capital of participants in the securities market
In order to increase the level of financial stability and competitiveness of financial organizations, a resolution of the Cabinet of Ministers “On Certain Issues in the Sphere of the Securities Market” was adopted.
On the adoption of the Law of the Kyrgyz Republic "On Renewable Energy Sources"
The law establishes the legal, organizational, economic and financial framework, mechanisms for regulating relations between the state, producers, suppliers and consumers of renewable energy sources, equipment for production, installations using renewable energy sources.
GRATA International China shortlisted for Asian Legal Business China Law Awards 2022
We are pleased to announce that two of GRATA International Beijing office’s successful projects have been shortlisted as deal category finalists at the 19 th Annual SSQ ALB China Law Awards 2022 - the pre-eminent legal awards in China.
Uzbekistan takes measures to support the capital market
Resolution of the President “On additional measures to introduce effective mechanisms to support the capital market” No.ПП-90 dated January 17, 2022 (the “Resolution No.ПП-90”) establishes that from April 1, 2022 to December 31, 2024