A. LEGISLATION AND RULES A.1 Legislation International arbitration in Kazakhstan continues to be governed by the Law on Arbitration (“Arbitration Law”). This law is based on the UNCITRAL Model Law and governs both international and domestic arbitration proceedings. Recent amendments adopted in June 2024 introduced the following restrictions relating to the arbitrability of disputes: The new restrictions were implemented to safeguard consumers of banks and microfinance institutions, and to prevent their misuse of arbitration by…

A. LEGISLATION AND RULES A.1 Legislation In April 2016, as a result of the reform of the judicial system, the Law on Arbitration (“Arbitration Law”) was adopted. This law is based on UNCITRAL Model Law and governs both international and domestic arbitration proceedings. In addition to unifying procedural rules for international and domestic arbitration proceedings, the New Arbitration Law, last amended in January 2019, implemented the following changes to the previous rules: State-owned companies may…