Kazakhstan: a governance profile

摘要

Legal system: Civil law.rnEconomic system: Market economy, though the country still has a high level of government involvement in the economy.rnKey regulation: The Law of the Republic of Kazakhstan on Joint Stock Companies, the Listing Rules of the Kazakhstan Stock Exchange and the Code on Corporate Governance. Both the corporate governance code and the JSC law are currently being revised under an initiative of the European Bank for Reconstruction and Development. Many large state-owned groups such as the Samruk-Kazyna Fund have devised their own corporate governance codes setting out the governance standards companies in the group must follow.