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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 The Arbitration Bill (“Bill”), which was introduced into Parliament in late 2023, proposes to amend the Arbitration Act 1996 (“1996 Act”), the principal legislation governing arbitration in England and Wales and in Northern Ireland, to ensure that the 1996 Act remains fit for purpose. Following a general election being called in the UK, the legislative process had to be renewed, and the new government re-commenced the process by introducing…

A. LEGISLATION AND RULES A.1 Legislation In the 2023-2024 edition of this Yearbook, we had reported about the Federal Ministry of Justice’s key issues paper on the modernization of German arbitration law dated 18 April 2023 and the respective draft bill published on 1 February 2024[1]. The paper and the bill were aimed at adapting the law to current requirements and to increase Germany’s attractiveness as an arbitration venue. The proposed arbitration law reform was…

Russia’s annexation of Crimea, the occupation of the Donbas region, the full-scale invasion of Ukraine and the subsequent sanctions imposed by the EU and other states against Russia have led to growing tensions between the EU and Russia and to a battle over jurisdiction and enforcement with no end in sight. 1. Starting Point: The annexation of Crimea and the EU sanctions After Russia’s annexation of Crimea and the invasion of the Donbas region in…