In the fourth quarter of 2025, the Republic of Belarus adopted significant legislative changes affecting the financial, contractual, property, and foreign economic aspects of business activities. The new norms strengthen requirements for loans and microfinance activities, maintain price regulations, and clarify the rules for conducting entrepreneurial activity.

The international regulatory environment remains a critical factor for companies engaged in cross-border operations: during the quarter, EU and US sanctions regimes were updated, requiring increased attention to compliance and transaction structuring.

You can read Newsletter 2025 (Q4) by following the link: Newsletter 2025 (Q4) from Borovtsov & Salei.