LOCATIONS
News, Deals & Insights

Almaty

TURAR Business Centre
502 Seifullin Avenue
Office 501
Almaty, 050012
Kazakhstan

+7 727 355 0530

Map and directions


Astana

55/16 Mangilik El Avenue
Block C 3.1, 3rd floor, Office Nos. 337-338
Astana, 010000
Kazakhstan

+7 717 247 6622

Map and directions

Kinstellar announces new Partner promotions

April 2025 – Kinstellar is delighted to announce the promotion to Partner of Magdalena Raducanu (Romania), Jan Lehký (Czech Republic), and Kuanysh Shekerbekov (Kazakhstan). 

Kinstellar advises KMF on its milestone transformation into a bank

April 2025 – Kinstellar has advised KMF, Kazakhstan’s largest microfinance organisation, on obtaining the regulatory approval for its voluntary conversion into a second-tier bank. The approval, granted by the Agency for Regulation and Development...

Kinstellar advises JSC Kaspi.kz on landmark USD 650 million Eurobond issuance

April 2025 – Kinstellar is pleased to have acted as Kazakhstan counsel to JSC Kaspi.kz in its successful debut bond issuance, raising USD 650 million through 6.250% senior unsecured notes due in 2030. This marks the largest investment-grade bond issuance...

Kinstellar advises Verny Capital on the sale of Burger King Kazakhstan operations

March 2025 – Kinstellar has advised Verny Capital on the sale of its Burger King operations in Kazakhstan. The transaction involved multiple jurisdictions, including Kazakhstan and English law, requiring the drafting and negotiation of detailed agreements.

Navigating the legal landscape: The implementation status of MiCA

February 2025 – As the cryptocurrency market continues to captivate investors worldwide, understanding the regulatory landscape becomes more crucial than ever. In this respect the Markets in Crypto Assets Regulation (the MiCA) is a ground-breaking initiative...

Kinstellar acts in landmark AIFC Court case on jurisdiction over foreclosure of pledged property

February 2025 – Kinstellar acted for its client, Freschette Limited, in a case before the AIFC that resulted in a precedent setting judgement. The AIFC Court has delivered a judgement in AIFC Court Case No. 35 of 2024 – Freschette Limited v. Enegix...

Practical Note for Investors: Insights into Kazakhstan’s Banking Sector in 2025

December 2024 – In 2024, Kazakhstan’s financial regulator and the president of Kazakhstan emphasised repeatedly the necessity of updating the nation’s banking laws to align with global economic trends. This has been particularly relevant to the...

Practical Note: The Development of the Banking Sector within the Astana International Financial Centre (AIFC)

December 2024 – Since its establishment, the AIFC has generated significant interest by developing its financial services sector, particularly in banking. The financial ecosystem in the AIFC was designed to attract foreign investment, and various incentives...

Kinstellar advises on Central Asia’s largest healthcare PPP project

November 2024 – Kinstellar is proud to announce its involvement in the development of Central Asia's largest public-private partnership (PPP) medical facility in Kokshetau, Kazakhstan. With financing led by the European Bank for Reconstruction and Development...

Kinstellar advises Baiterek National Managing Holding JSC on the sale of Bereke Bank, in Kazakhstan

October 2024 – Kinstellar has advised Baiterek National Managing Holding JSC on the KZT 65 billion (approx. US$135 million) sale of Bereke Bank JSC to Lesha Bank LLC, the first independent Shari'a-compliant Bank authorized by the Qatar Financial Center...