PwC Eurasia Legal Newsletter - September 2023

PwC Legal provides a broad range of legal services in Kazakhstan, Azerbaijan, Armenia, Georgia, Mongolia and Uzbekistan, which are complementary to our Assurance, Advisory and Tax practices. Below we outline significant legislative changes for September in these countries.

Kazakhstan

• The Mazhilis approved amendments to the Сode on Subsoil and Subsoil Use

Azerbaijan

• New Standards On Corporate Governance for Banks in line with the ESG factors approved

Georgia

• Draft Law On the Possession of Dematerialized Securities
• Amendments to the Law on Funded Pensions

Mongolia

• The Ministry of Digital Transformation and Communications adopted a new regulation on processing sensitive data

Uzbekistan

• The President approved Uzbekistan-2030 Strategy
• PPP Project Development Fund will be established in Uzbekistan 

Armenia

• The amendments to the laws for regulation of passenger transportation services have been included to the agenda of the session of the National Assembly