Insights & events

  • A procedure for listing companies as Economically Significant Organisations now approved
    A procedure for listing companies as Economically Significant Organisations now approved

    On 20 November, the Russian Government published Resolution No. 1836 approving “the rules for listing Russian business entities as “economically significant organisations”.

    27.11.2023

  • Further proposed amendments to Law No. 470-FZ and the Code of Administrative Offences
    Further proposed amendments to Law No. 470-FZ and the Code of Administrative Offences

    On 2 November 2023, further draft amendments to Law 470-FZ were submitted to the State Duma. Furthermore, consequent amendments to the Russian Code of Administrative Offences were submitted, also on 2 November, to the State Duma – with a view to equipping Law 470-FZ with administrative sanctions.

    07.11.2023

  • Proposed amendments to Law No. 470-FZ
    Proposed amendments to Law No. 470-FZ

    In early September 2023, Federal Law No. 470-FZ On the Peculiarities of Regulating Corporate Relationships in Business Entities That Are Economically Significant Companies (the Law) came into effect. On 20 October 2023, draft amendments to the Law were submitted to the State Duma for consideration. The purpose of the amendments is to lay practical legal groundwork for such effective removal.

    23.10.2023

  • Russian counter-sanctions regulations: changes to application form
    Russian counter-sanctions regulations: changes to application form

    The Sub-Commission of the Government Commission for Control over Foreign Investments in the Russian Federation, the ultimate decision-making body in many matters concerning the counter-sanctions regime, has updated the application form for the approval of qualified transactions.

    18.10.2023

  • Voluntary contribution increased
    Voluntary contribution increased

    The Sub-Commission of the Government Commission for Control over Foreign Investments in the Russian Federation, which is the ultimate decision maker in many matters concerning the counter-sanctions regime, has decided to increase the amount of the voluntary contribution, payment of which is often a condition for the approval by the Government Commission of a qualified transaction.

    10.10.2023