On ratification of the 2014 Protocol of the 1930 Convention on Forced Labour
The President of the Kyrgyz Republic Kyrgyzstan, Sooronbai Zheenbekov, signed the Law of the Kyrgyz Republic On Ratification of the 2014 Protocol to the 1930 Convention on Forced Labour.
On Amendments to the Law "On Commodity Exchange and Exchange Trade in the Kyrgyz Republic"
President Sooronbai Jeenbekov signed the Law "On Amendments to the Law of the Kyrgyz Republic on Commodity Exchange and Exchange Trade in the Kyrgyz Republic.
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”.
A new law on supporting the development of small and medium-sized businesses has been adopted
The State Duma adopted amendments to the Federal law "on the development of small and medium-sized businesses in the Russian Federation".
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.
Agency for Development of Small Business and Entrepreneurship under the Ministry of Economy and Industry has been established
This Regulation has been adopted in accordance with the Decree of the President dated August 13, 2019.
GRATA International took part in the session for regulated ancillary
service provider (ASP) firms
On 24 February 2020 in the Astana International Financial Centre, the session for regulated ancillary service provider firms was held by Astana Financial Services Authority.
The Law “On Investments and Investment Activities” has come into force in Uzbekistan
The Law covers all basic principles envisaged at all stages of investments and investment activities in relation to both domestic and foreign investors.
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”.