Central Asia: Integrity Due Diligence. Third Parties Risks. Your Trusted Advisors for Central Asia International Investors Solutions: Managing Your Risks in Central Asia Doing Business in Central Asia: Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, Turkmenistan.

Corruption is pervasive in several countries of Central Asia, where a majority of respondents say they are either asked or are expected to pay bribes to receive public services...

If your company’s business is carried out in one of the post-Soviet Central Asian countries like Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, or Turkmenistan, then

Making your corporate ethics policies understood and routinely referred to by employees at your local offices in Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, and Turkmenistan is a huge challenge. Solving this challenge means getting rid of foreign corruption exposure

Sarsenov Corporate Governance Advisory
Compliance in Kazakhstan, Kyrgyzstan, Uzbekistan
Corporate Governance & Compliance Services
Our Unique Experience in Central Asia

Our Unique Experience in Central Asia is Our Greatest Asset

We have helped many corporations and financial institutions in Central Asia to find solutions for their governance, compliance, and ethics problems, and we advise them on many complicated local investment and financial regulation issues as well. We love what we do, and we are passionate about helping our clients find solutions for each of their particular situations. Each case is unique for us.

Consider the following Corporate Governance and Compliance experience in countries like Kazakhstan, Kyrgyzstan, Uzbekistan, Turkmenistan, and Tajikistan:

We advised IFC and the World Bank in relation to their huge infrastructural projects in Central Asia in their cooperation with governments, SOEs, microfinance organizations, insurance companies, and other financial institutions. For example, we provided our consultations to World Bank Group in relation to its $850,000,000 client, CAPC, which revised its entire governance system as a requisite for pending EBRD’s $40,000 investments.

We have conducted Compliance Audits and Due Diligence and identified risks in respect to large-scale lending/investment Kazakhstani and CIS projects (from US $5,000,000 to $2,000,000,000). We’ve conducted specialized due diligence for over $100 million Special Investment projects in Central Asia.

We advised credit and investment committees of the largest Central Asian Financial Institutions on a range of compliance issues, being involved mostly with the largest lending/investment projects.

We also advised many corporate boards and executive management teams all across Central Asia. Our advice runs the gamut of compliance, corporate governance, and financial services regulation issues.

We have developed compliance and corporate governance policies and procedures for many local businesses in Central Asia.

We conducted full-scale conflicts of interest checks, compliance clearance, third party due diligence, and prospect borrower/investee due diligence. In total, we’ve provided our due diligence services for more than $7 billion in finance and investment projects across Central Asia, Europe, the USA, Russia, and CIS. We helped to prevent $1.5 billion transactions with serious legal, environmental, and ethical concerns.

We recently advised our client equity fund in setting up and launching a $40 million Kazak-Dutch joint venture project related to investments in the telecommunication sector in Republic of Kazakhstan.

We helped UniCredit Group in Central Asia, along with the World Bank Group’s investment, business advisory, and corporate governance teams on banking and corporate regulations and corporate governance.

We are being chosen as an advisor for large corporate conflicts in Central Asia, where we advise controlling shareholders/investor and/or boards and management teams. One such conflict, for instance, concerned a $2.5 billion Asian Corporation, which had a $68,000,000 Shareholder (SOE) vs. Management Conflict.

We developed recommendations for the Government of Kazakhstan (represented by SEC and Association of Financiers) on improving corporate and financial regulations with a particular accent on enhancing Kazakhstani standards of Corporate Governance and Corporate Social Responsibility.

We advised $2.8 billion state-owned and largest telecommunications corporation on developing and implementing its compliance and ethics program.

We advise controlling shareholders, board members, managers, internal auditors, general counsels, and compliance officers on a variety of corporate governance and compliance issues they face. We help corporations to tune up their governance, ethics, and compliance systems as well as advise them on their current corporate governance issues. We also provide advice for many smaller businesses across Central Asia in countries like Kazakhstan, Kyrgyzstan, Uzbekistan, and Tajikistan.

We are proud of our experience and the professional and academic credentials of our team. We have more than a decade of experience working in developing economies. We are well aware of all major specifics and problems related to improving corporate governance and compliance systems in transition economies.