20 results found

The AIFC will constitute a financial ‘free zone' within a physical area to be delineated in future.

Insurance contracts are a vital element of risk pooling and determine the risks covered. Q&A gives introductory information on the main aspects of insurance in Kazakhstan.

We would like to share an interesting case on claim to pay customs duties. The claimant was an insurance company, and the defendant was the State Revenue Department.

GRATA International Banking & Finance Team is pleased to provide you with a brief overview of the main changes to the legislation of the Republic of Kazakhstan in January-March 2024...

Project finance transactions involving Kazakhstan insurance organisations present unique challenges when foreign lenders seek to create comprehensive security packages. This article examines the Reinsurance Assignment Deed (RAD), an instrument widely used in international practice but novel in the Kazakhstan market, analyzing its structure under English law and the critical Kazakhstan law considerations that arise despite the choice of foreign governing law.

What is the main legislation and international treaties governing the project financing in your jurisdiction?

Following the publication of Part 1, which outlined the AIFC's governance model, legal framework and company registration processes, this second part continues the discussion...

Project finance in the strict sense of the term (i.e. where the financing structure is based on the performance of the project itself) has not yet been developed or tested so far in Kazakhstan.