Latest changes to legislation in February 2023

Latest changes to legislation in February 2023

New clarifications made on determining the customs value of goods in the customs legislation. New Law adopted on combating money laundering and financing of terrorism. New Law adopted on Targeted Financial Sanctions.

In this issue, you can see overview of Legal updates, which came into force on 1 February 2023. The changes cover:

  • New Law adopted on combating money laundering and financing of terrorism.
  • New Law adopted on Targeted Financial Sanctions.
  • New clarifications were made on determining the customs value of goods in the customs legislation.
  • The list of goods exempted from customs duties has been expanded.
  • Relaxation of the migration rules in Alat Free Economic Zone.
  • Amendments were made in the field of currency regulation.
  • New Law on Micro, Small and Medium Entrepreneurship was adopted.
  • The procedure for conducting notarial actions related to real estate has been amended.
  • The scope of the payments made by notary’s deposit account has been broadened.

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