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Almaty | Kazakhstan

Kazakhstan adopts new Subsurface Use Code: A summary of key novelties

February 2018 - On 27 December 2017, the long anticipated Code "On Subsurface and Subsurface Use" (No. 125-VI ZRK) was adopted (the " Code "). The text of the Code was published on 28 December 2017 and, with certain exceptions, it will come into force...

Kinstellar strengthens its team in Kazakhstan with appointment of Almas Zhaiylgan as Of Counsel

January 2018 - Kinstellar, Emerging Europe and Central Asia’s leading independent law firm, is delighted to announce that Almas Zhaiylgan has joined the Almaty office as Of Counsel and head of the firm’s local Energy and Natural Resources practice...

Kinstellar advises Halyk Bank JSC on its acquisition of Kazkommertsbank JSC

July 2017 - Kinstellar has advised the leading Kazakhstan bank, Halyk Bank JSC, on its acquisition of Kazkommertsbank JSC from Mr Kenges Rakishev and Sovereign Wealth Fund Samruk-Kazyna JSC. The acquisition was completed on 5 July 2017. According to...

Kinstellar and Linklaters advise joint lead managers on National Company KazMunayGas' Eurobonds issues totaling USD 2.75 billion

April 2017 - Kinstellar and Linklaters have successfully advised the joint lead managers and dealers – Citibank Global Markets, Deutsche Bank, UBS Investment Bank, Halyk Finance and SkyBridge Invest on the update of the USD 10.5 billion Global Medium...

Kinstellar, Astana International Finance Centre, BNY Mellon, FTI Consulting and Cleary Gottlieb co-host a successful capital markets conference in Astana, Kazakhstan

April 2017 - On 12 April, the conference "Kazakhstan: Tapping International Capital Markets" was held in Astana, the capital of Kazakhstan. Kinstellar’s Almaty office co-hosted this conference with BNY Mellon, Astana International Finance Centre, FTI...

Transparency International 2016 Corruption Perception Index – How are CEE, CIS and the Balkans doing?

February 2017 –  Transparency International (“ TI ”) has recently published its  Corruption Perceptions Index (“ CPI ”) for 2016, which surveys 176 countries and territories. Scores range from 0 (highly corrupt) to 100 (very clean). The...

Kinstellar and Cleary Gottlieb Steen & Hamilton co-host a successful dispute resolution seminar in Almaty

October 2016 - On 14 October, Kinstellar’s Almaty office co-hosted a seminar on dispute resolution with lawyers from the London office of international law firm Cleary Gottlieb Steen Hamilton. In attendance were more than 30 leading local bankers...

Kazakhstan’s new arbitration law – Uncertainties about the choice of international arbitration

October 2016 - On 8 April 2016, Kazakhstan adopted the Law  No. 488-V On Arbitration which replaced two previous laws – the Law No. 23-III On International Arbitration dated 28 December 2004 and the Law No. 22-III On Arbitration ( treteiskii...

Kinstellar bolsters dispute practice with new partner hire in Kazakhstan

February 2016 - Kinstellar, Emerging Europe and Central Asia’s leading independent law firm, is delighted to announce that Mukhit Yeleuov has joined the Almaty office as a Partner. Mukhit Yeleuov , a highly regarded and well-known lawyer in Kazakhstan...

Kazakhstan Stock Exchange (KASE) listing categories for shares and bonds

April 2015 - This is a summary of recent changes to the listing categories of the Kazakhstan Stock Exchange.  It is intended to be a helpful guide but is not comprehensive and should not substituted for legal advice . Effective from 1 January 2015...