Tokayev expands Prosecutor General's Office powers on investor protection
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Kazakh President Kassym-Jomart Tokayev signed a decree on August 21, 2026, amending the regulations of the Prosecutor General's Office. The changes expand the office's powers in investor protection, asset recovery, and international legal cooperation. The Prosecutor General now also serves as investment ombudsman.
Key Facts
- The decree was signed on August 21, 2026, and amends the regulations of the Prosecutor General's Office of Kazakhstan.
- The Prosecutor General now performs the functions of investment ombudsman.
- The Prosecutor General approves the procedure for creating a Commission for pre-trial settlement of disputes between investors and state bodies, local executive bodies, institutions, and quasi-public sector entities.
- The Prosecutor General approves the procedure for forming and maintaining a register of systemic problems of investors.
- The Prosecutor General's Office gains the authority to conclude international treaties and coordinate draft international treaties in the criminal law sphere, investor rights protection, and asset recovery.
Investor Protection Mandate
The decree assigns the Prosecutor General the role of investment ombudsman. The Prosecutor General approves the procedure for creating a Commission for pre-trial settlement of disputes between investors and state bodies, local executive bodies, institutions, and quasi-public sector entities. The Prosecutor General approves the procedure for forming and maintaining a register of systemic problems of investors. The Prosecutor General's Office may protest acts of organizations that contradict the Constitution, laws, international treaties ratified by Kazakhstan, and acts of the President, if these acts concern persons who cannot independently protect their rights, minors, an unlimited circle of persons, or affect the rights and interests of investors.
Asset Recovery and International Cooperation
The Prosecutor General's Office gains the authority to conclude international treaties and coordinate draft international treaties in the criminal law sphere, investor rights protection, and asset recovery. The office may coordinate and carry out international legal cooperation for asset recovery and investor rights protection. The office may conduct verification of the legality of sources of acquisition (origin) of an asset, monitoring and analysis of information to counter illegal acquisition, withdrawal, and return of assets in accordance with the legislation of Kazakhstan on the return of illegally acquired assets to the state. The office may engage specialists from other bodies and organizations, scientists, experts, commercial and non-commercial organizations, including foreign ones, to participate in legality checks and provide opinions.
Supervisory and Analytical Powers
The Prosecutor General's Office may analyze supervision practice over law application and the state of legality, including using information contained in information systems integrated with the information exchange system of law enforcement, special state and other bodies, as well as in the National Digital Investment Platform. The office may issue acts of the prosecutor's office in the manner determined by the Constitutional Law and other laws of Kazakhstan, acts of the President, and the Prosecutor General. The Prosecutor General adopts normative acts on investor rights protection. The Prosecutor General approves the procedure for using symbols of the prosecutor's office bodies.
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Tokayev expands Prosecutor General's Office powers on investor protection
