This CLIENT UPDATE includes amendments and additions to legislation of the Republic of Kazakhstan (“RK”) from 1 September through 30 September 2014.
The legislation outlined in this Client Update concerns both public and private sectors. Some of them may be of interest to you as it may affect your business in Kazakhstan in certain way.
This month we would like to draw your attention to the following legal acts:
PUBLIC SERVICE AND ANTI-CORRUPTION AGENCY
1) On 29 August 2014, the President of RK signed the Decree “On certain matters of Public Service and Anti-Corruption Agency and on introduction of changes and amendments into certain Decrees of the President of RK».
The Decree approves the Regulations of the Agency («Regulations»).
The Decree approves the Regulations of the Agency (“Regulations”) Pursuant to the Regulations the Agency established on the basis of the financial police is a government agency reporting directly to the President of RK.
Upon abolition of the financial police the Agency was delegated functions and authorities in relation to corruption crimes and violations, while the Ministry of Finance of RK inherited functions and authorities on economic and financial crimes.
As opposed to financial police, the Agency staff is not awarded special ranks, nor are they allowed to keep and carry arms and weapons.
The Decree came into force on 29 August 2014.
1) On 17 September 2014, Mazhilis of Parliament of RK adopted the respectice draft laws «On changes and amendments into Constitutional Law «On Government of RK» and «On changes and amendments into certain Constitutional Laws on separation of powers between government administration levels” (“Draft Law”).
Pursuant to the Draft Law the Government assigns significant part of its powers to ministries, including those related to social, agricultural, logistics, telecom, communication and energy matters.
In addition, local administrations will take over certain powers of central government agencies.
The Draft Law eliminates duplication of functions between certain government agencies.
The Draft Law further envisages major independence in decision-making for ministries, regional governments, which would enable them to accelerate their daily work.
Information contained in this Client Update is of general nature and cannot be used as legal advice or recommendation. Please seek a lawyer for a specific advice. Please note that Kazakhstan is an emerging economy and its legislation and legal system are in constant development. Should you have any questions or would like to discuss matters addressed in this Client Update, please contact us.