Currency Regulation

Currency Regulation

Currency regulation is the most frequently occurring issue because almost any transaction between residents and non-residents is subject to the control of the National Bank of the Republic of Kazakhstan.

Our team has great experienced in the consultation of clients regarding currency regulation and control legislation in Kazakhstan:

• advice on currency issues of transactions;
• general advice on currency issues;
• issuance of memoranda on currency regulation in Kazakhstan.

Recent Experience:

• advice to a syndication of banks on currency-related issues relating to a USD 300 million facility of a large Kazakh uranium company;
• advice to an insurance broker on currency-related issues arising from the remittance of insurance premiums from foreign insurance to a Kazakh insurance company;
• advice to a leading international bank regarding currency-related issues relating to loan transactions;
• advice to a Russian metallurgic company on currency regulation issues; and
• advice to an international agricultural holding on currency regulation.

Publications:

• Kazakhstan Regulatory Issues: Practical Observations

________________________________________________________________________________________________________________

RATING

"The team is noted for its strength in banking and finance matters"

"The team has particular expertise in banking and finance"