New rules for liquidation firm-employers
Amendments to the Labor code and the law on state registration of legal entities and individual entrepreneurs will come into force in mid-August.
All are equal beore the law, but some want to be better
The Ministry of Finance may refuse to index the salaries of civil servants next year. This follows from the methodology for calculating the maximum base of Federal budget allocations for the next three years, according to RBK.
Alert. Bankruptcy in Kazakhstan
On 11 May 2020, the President of the Republic of Kazakhstan Kassym-Jomart Tokayev at the session of State Emergency Commission ordered the suspension of the initiation of bankruptcy proceedings until 1 October 2020.
Out-of-court bankruptcy of citizens
In the second and third readings, a draft law was adopted on amending Federal Law No. 127-FZ “On Insolvency (Bankruptcy)”. One of the main innovations is the out-of-court bankruptcy of the debtor.
Regulation on blockchain in Mongolia
Blockchain technology was invented for bitcoin as its fundamental technology. It is a particular type or subset of so-called distributed ledger technology (“DLT”). The DLT is a way of recording and sharing data across multiple data stores (also known as ledgers), which each have the exact same data records and collectively maintained and controlled by a distributed network of computer servers, which are called nodes.
Will gas tariff become the dealbreaker for the Eurasian Economic Union?
The Eurasian Economic Union (EAEU) is a Russia-led economic union of the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic and the Russian Federation that represents, from an energy perspective, one-fifth of the world’s gas reserves and more than 50% of world gas exports.