May 2025 – We are delighted to report that Kinstellar’s Belgrade office provided legal support in preparing the complete set of documentation for Banca Intesa AD Beograd, as part of the bank’s introduction of mini bonds, a new financing tool designed...

May 2025 – On 9 May 2025 the National Bank of Ukraine (NBU) published new amendments to existing currency restrictions introduced in February 2022, following the launch of Russia’s full-scale invasion. The revised regulatory provisions are aimed...

May 2025 – Kinstellar has successfully advised “Baiterek” National Managing Holding in connection with its debut issuance of senior unsecured Eurobonds in an amount of up to USD 500,000,000, under Regulation S / Rule 144A. The bonds are listed on...

May 2025 – Kinstellar is pleased to announce that, together with Milbank as lead counsel, it has advised Advent, a leading global private equity investor, on the acquisition of TBI Bank, a leading digital challenger bank in Southeast Europe, from 4finance...

April 2025 – Kinstellar has advised KMF, Kazakhstan’s largest microfinance organisation, on obtaining the regulatory approval for its voluntary conversion into a second-tier bank. The approval, granted by the Agency for Regulation and Development...

April 2025 – Kinstellar is pleased to have acted as Kazakhstan counsel to JSC Kaspi.kz in its successful debut bond issuance, raising USD 650 million through 6.250% senior unsecured notes due in 2030. This marks the largest investment-grade bond issuance...

February 2025 – Directive (EU) 2022/2555 (NIS2) aims to further strengthen the cyber resilience of the EU by requiring entities in various sectors to dial up their cybersecurity efforts. NIS2 replaces the former NIS1 Directive (EU) 2016/1148, expands...

December 2024 – In 2024, Kazakhstan’s financial regulator and the president of Kazakhstan emphasised repeatedly the necessity of updating the nation’s banking laws to align with global economic trends. This has been particularly relevant to the...

December 2024 – Since its establishment, the AIFC has generated significant interest by developing its financial services sector, particularly in banking. The financial ecosystem in the AIFC was designed to attract foreign investment, and various incentives...

November 2024 – The National Bank of Ukraine published amendments to currency restrictions that were introduced in February 2022 at the start of the full-scale Russian invasion.