Kazakhstan Data Breach
Data protection in Kazakhstan is mainly regulated by the Law of 21 May 2013 No. 94-V ZRK on Personal Data and its Protection ('the Personal Data Law'), Law of 24 November 2015 No. 418-V on Informatisation ('the Informatisation Law') and relevant subsidiary laws.
Regulation to prevent and combat the spread COVID-19 and to reduce its negative social and economic impact
The Law on Prevention and Combating the of Coronavirus Infection (Covid-19) and Mitigation of its Social and Economic Impacts was approved on April 29, 2020 and shall be effective until December 31, 2021.
The legal regulations and perspectives of cryptocurrency in Kazakhstan: Opportunities of the Astana International Financial Centre for Chinese crypto miners
In light of the sudden changes in the crypto mining situation in Kazakhstan with the restrictions on Bitcoin computational processes by the Chinese government that escalated into the recent strict measures implemented in June 2021, Kazakhstan’s bitcoin mining has dramatically surged into third place on the global market.
International Arbitration 2021
Arbitration is becoming more and more popular in Uzbekistan as an alternative to litigation. With the adoption of the Arbitration Law in 2006, the number of arbitration tribunals established in Uzbekistan reached nearly 300 in 2021. One of the most active is a network of arbitration courts under Chamber of Commerce and Industry of Uzbekistan (CCI).
Re-domiciliation of Kazakhstani companies to a foreign jurisdiction through the AIFC
In many countries there is a possibility of re-domiciliation of a legal entity, meaning its transfer from one jurisdiction to another. Such procedure allows to ensure continuity of operations of the company that wishes to continue its development in a different state due to legal, economic or other reasons.
The experience of different states, given in the brochure, will demonstrate the existence of not one, but several ways to overcome the slowness and inefficiency of execution in practice, and also that the possible solutions to the problem are varied, but they all ultimately are based on a delicate balance, along with other things, of the norms of executive the law and practice of their application, a high level of training and responsibility of various professionals involved in the implementation process, as well as the institutional and social systems in which these professionals are forced to carry out their activities.