An Unbiased View of www.transparencykazakhstan.org
An Unbiased View of www.transparencykazakhstan.org
Blog Article
Individual bankruptcy law guards the rights of creditors in the course of insolvency proceedings. Personal bankruptcy will not be criminalized, Unless of course the courtroom determines the individual bankruptcy was premeditated, or rehabilitation measures were wrongful.
As outlined by accessible info, over ninety % in the Countrywide Fund’s financial investment portfolio is in overseas assets, with over 45 per cent of these foreign assets held as investments in U.S. instruments.
On corruption, scores are offered between 0 (quite reduced incidence of corruption) to four (really high incidence of corruption). Experiences are only available to consumers and subscribers, Consequently there is proscribed community data obtainable within the evaluation process as well as the extent to which the EIU’s score is informed by on -the-ground insights.
The legislation eases bureaucratic demands for personal bankruptcy filings, gives creditors a higher say in continuing operations, introduces a time limit for adopting rehabilitation or reorganization ideas, and provides courtroom supervision necessities.
Kazakhstan formally taken off a 49 p.c Restrict on overseas ownership of telecom organizations, aside from the state’s main telecom operator, KazakhTeleCom, in 2016, but overseas investors ought to even now obtain a govt waiver to take action. There aren't any constraints about the participation of international capital in the banking and insurance plan sectors.
Implementation and interpretation of economic laws at times results in confusion. Decrees and legislative changes commonly will not “grandfather in” existing investments. Penalties are sometimes assessed for intervals just before the adjust in coverage.
The GOK has undertaken actions to boost steadiness and prudent asset excellent administration during the banking sector, like through cash injections, Increased oversight, and expanded regulatory authorities. The ratio of non-accomplishing financial loans overdue by much more than ninety times to banking belongings was two.
The Regulation on Mediation presents different (non-litigated) dispute resolutions and defines The principles and rules of domestic arbitration. Kazakhstan has 17 nearby arbitration bodies unified underneath the Arbitration Chamber and fourteen more unaffiliated arbitration bodies:
The BTI is a specialist assessment which is done by a small group of non-resident place authorities. The Original evaluation is executed by an individual researcher who is needed to reply two thoughts pertaining to corruption: To what extent are there lawful or political penalties for stakeholders who abuse their positions?
Поощрение общественного участия в борьбе с коррупцией;
исследований по искоренению коррупции Новости и статьи
GI is actually a report produced by IHS Worldwide Insight, a global information and facts and consultancy enterprise situated in Washington, DC, that predominantly serves business clientele. The GI incorporates 6 things into its corruption evaluation, particularly political, economic, legal, tax operational and stability risk. Scores assigned to every nation are based on a qualitative assessment by in-house country specialists that ordinarily depend on professionals located in Every single respective region.
The Entrepreneurial Code permits the state to nationalize home in unexpected emergency situations but click here fails to provide clear conditions for expropriation or to have to have prompt and satisfactory compensation at fair industry benefit.
The government ongoing its de-monopolization coverage in 2023 and founded the Asset Restoration Committee under the Prosecutor Common’s Office environment to decrease the job of oligopolies inside the financial state and to think about the doable nationalization of belongings that The federal government now believes to have already been illegally privatized. The President signed into legislation a new Law on Asset Recovery in July 2023.