Kinstellar

    ESG at Kinstellar is not a trendy catchphrase. It represents the everyday world of compliance, risk-assessment, litigation, deal-making and proactive strategy building that we’ve excelled at for years.  What’s more, our own commitment to ESG values has always been central to our firm culture and sets us apart from our competitors. Environmental, social and governance law firm   (ESG) issues have become a critical part of the decision-making process for an increasing number of companies, their boards and investors worldwide. The growing reach of regulatory requirements in areas such as anti-corruption, personal data protection and the environment combined with an increasing public awareness of ESG-related issues are causing companies in virtually all industries and sectors to re-think their strategies and priorities. Kinstellar’s cross-border expertise helps clients navigate the multidisciplinary challenges of the ESG landscape by mitigating risk and enhan...

  According to the official website of the Government of Kazakhstan, the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market is working on a new legislative proposal with the goal of broadening the participation of retail investors in collective investment schemes (the " CIS ") across Kazakhstan. Currently, the CIS retail business is mainly possible within the Astana International Financial Centre ( AIFC ). While this could be seen as competition with the AIFC, in the long term, the adoption of such a law will help create a solid platform for the development of funds not only within the AIFC but also throughout Kazakhstan. In these proposed innovations, we see the influence of the flexible regime for collective investments existing in the AIFC. It's evident that the current regime in Kazakhstan is not as flexible, and therefore, the introduction of these innovations (as mentioned on the Government's website) is a positive st...