Kazakhstan: Legislation amended to protect close-out netting

In brief

This summer Kazakhstan has passed the latest set of amendments1 to certain laws on netting for derivative contracts and other qualified financial contracts ("Netting Amendments"), including the following:

Filed under:
Kazakhstan, Derivatives, Insolvency & Restructuring, Baker McKenzie, Insolvency, International Swaps and Derivatives Association
Authors:
Azamat A. Kuatbekov , Alexander Korchagin , Dina Bayadilova
Location:
Kazakhstan
Firm:
Baker McKenzie