Insights & events

  • Compensation of damages and real property transactions
    Compensation of damages and real property transactions

    May 2024 was marked by a number of developments in Russian counter-sanctions regulations.

    27.05.2024

  • Temporary administration of Danone Russia cancelled
    Temporary administration of Danone Russia cancelled

    On 13 March 2024, a new Presidential Decree (No. 186) was enacted with immediate effect, which excluded AO Danone Russia from the List. The new decree does not say anything about the reasons behind the exclusion of AO Danone Russia and, thus, reinstatement of Danone’s control over its Russian subsidiary.

    15.03.2024

  • Russian counter-sanctions regulations: new developments
    Russian counter-sanctions regulations: new developments

    On 26 February 2024, a new Presidential Decree (No. 143) was published and immediately came into effect (the New Decree). The New Decree amends Presidential Decree No. 520, dated 5 August 2022, which introduced a requirement to obtain Presidential consent to transactions with shares in certain Russian companies held by persons associated with the designated unfriendly states.

    28.02.2024

  • Approval of transactions by the Government Commission: recent developments
    Approval of transactions by the Government Commission: recent developments

    On 23 January 2024, Resolution of the Government of the Russian Federation No.40 dated 22.01.2024 On Amendments to Resolution of the Government of the Russian Federation No. 295 dated 6 March 2022 was published. The Resolution clarifies the rules for approval by the Government Commission for Control over Foreign Investments in the Russian Federation of transactions requiring approval after countersanctions Presidential decrees.

    26.01.2024

  • 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