★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★★Open research. Global perspectives.
Political Science Law OPEN ACCESS

Legal Regulation of Labor Relations in International Financial Centers: A Comparative Legal Perspective (Based on The Examples of Uzbekistan, Kazakhstan, The UAE, And Qatar)

Ruslan Udras
Director of the Legal Support and Compliance, Department of ADM Global Group of Companies, Master of Laws, Uzbekistan
tajpslc 2026
VOL. 8 / NO. 05 MAY
VOLUME 8
ISSUE 05
YEAR 2026
PAGES 103-109

Abstract

The article is devoted to a comparative legal analysis of the regulation of labor relations in international financial centers (IFCs), using the Astana International Financial Centre (Kazakhstan), the Dubai International Financial Centre and Abu Dhabi Global Market (UAE), the Qatar Financial Centre (Qatar), as well as the newly established Tashkent International Financial Centre (Decree of the President of the Republic of Uzbekistan No. UP-48 dated March 30, 2026, Constitutional Law of the Republic of Uzbekistan No. ZRU-1158 dated July 13, 2026) as examples. The relevance of the study is determined by the absence in Uzbekistan of specific employment regulations for TIFC residents and, accordingly, by the need to develop scientifically substantiated approaches to their formulation. The author identifies common features of the autonomous labor law regimes of IFCs (the mandatory nature of minimum guarantees, the “End of Service Gratuity” institution, an autonomous judicial system, and shortened limitation periods) and their fundamental differences, primarily with regard to the grounds and procedure for termination of an employment contract at the employer’s initiative. It is demonstrated that the model of termination without cause subject to notice (DIFC, ADGM, QFC) conflicts with Article 42 of the Constitution of the Republic of Uzbekistan and ILO Convention No. 158, whereas the AIFC model, which retains a list of grounds for termination, constitutes a more compatible reference model for the TIFC regulations. Based on the analysis, proposals are formulated regarding the structure of the future TIFC employment regulations.

Keywords

International financial center Tashkent International Financial Centre employment contract

Downloads

Download data is not yet available.

References

  1. DIFC Employment Law, DIFC Law No. 2 of 2019 (as amended as of 2025). URL: https://www.difc.com/business/laws-and-regulations/legal-database/difc-laws/employment-law-difc-law-no-2-of-2019
  2. ADGM Employment Regulations 2019. URL: https://en.adgm.thomsonreuters.com/rulebook/employment-regulations-2019
  3. AIFC Employment Regulations No. 4 of 2017 (as amended). URL: https://aifc.kz/wp-content/uploads/2024/05/4-aifc1.pdf
  4. Constitutional Statute of the Republic of Kazakhstan “On the Astana International Financial Centre” dated 7 December 2015. URL: https://cdb.kz/sistema/pravovaya-baza/o-mezhdunarodnom-finansovom-tsentre-astana/
  5. Ius Laboris. A Guide to How Labour Relations Are Regulated in the Astana International Financial Centre in Kazakhstan. URL: https://iuslaboris.com/insights/a-guide-to-how-labour-relations-are-regulated-in-the-astana-international-financial-centre-in-kazakhstan/
  6. Pinsent Masons. Operating in Kazakhstan’s Astana International Financial Centre (AIFC). URL: https://www.pinsentmasons.com/out-law/guides/operating-in-kazakhstans-astana-international-financial-centre
  7. Pinsent Masons. Employment Dismissals in the Astana International Financial Centre (AIFC). URL: https://www.pinsentmasons.com/out-law/guides/employment-dismissals-astana-international-financial-centre
  8. Pinsent Masons. Employment Regulations in the Abu Dhabi Global Market. URL: https://www.pinsentmasons.com/out-law/guides/employment-regulations-in-the-abu-dhabi-global-market
  9. CMS Law. The New DIFC Employment Law – Key Changes. URL: https://cms.law/en/are/legal-updates/the-new-difc-employment-law-key-changes
  10. Pinsent Masons (Out-Law). The New DIFC Employment Law: Everything You Need to Know. URL: https://www.pinsentmasons.com/out-law/analysis/the-new-difc-employment-law-everything-you-need-to-know
  11. AIFC Consultation Paper No. 8. Proposals Relating to AIFC Employment Amendment Regulations. URL: https://aifc.kz/wp-content/uploads/2024/11/consultation-paper-no.-8-proposals-relating-to-aifc-employment-amendment-regulations.pdf
  12. ADGM Registration Authority. Consultation Paper No. 6 of 2024 on Proposed Amendments to the Employment Regulations 2019. URL: https://en.adgm.thomsonreuters.com/sites/default/files/net_file_store/Consultation_Paper_No.6_of_2024-_Employment_Regulations.pdf
  13. Chereshneva I.A. International Financial Centers as a Phenomenon of International Economic Law: At the Intersection of National and International Legal Orders // International Law and International Organizations. 2026. No. 2. pp. 117–135. DOI: 10.7256/2454-0633.2026.2.80371. EDN: PJMKFR. URL: https://nbpublish.com/library_read_article.php?id=80371
  14. Zakaria H. Understanding End-of-Service Gratuity in the DIFC and Detailed Calculation Methods for Employers and Employees. URL: Hossam Zakaria article
  15. Khamidullina E. Specific Features of the Regulation of Labor Relations in the Astana International Financial Centre. URL: https://aequitas.kz/press-center/publications/khamidullina-e-osobennosti-regulirovaniya-trudovyh-otnosheniy-v-mezhdunarodnom-finansovom-centre-asta
  16. Specific Features of Employment Regulation in the AIFC – WE Legal. URL: https://welegal.kz/ru/ekspertnoe-mnenie/publikaczii/trudovoe-regulirovanie-aifc/
  17. On the Establishment of the Tashkent International Financial Centre: Decree of the President of the Republic of Uzbekistan No. UP-48 dated March 30, 2026. URL: https://lex.uz/docs/8103325
CONTINUE EXPLORING

Most read articles by the same author(s)

Explore other published research by the authors of this article.