25.08.2023

Russian counter-sanctions regulations: Softening the restrictions on dividend payments

On 23 August 2023, the Russian Ministry of Finance published an excerpt from the minutes of a meeting of the Sub-Commission of the Government Commission for Control over Foreign Investments (the ultimate decision maker in most matters concerning counter-sanctions), which softened the guidelines for granting approvals for the payment of dividends by Russian companies to their foreign shareholders associated with unfriendly states.

Read in detail in the alert at the link:

https://www.stonebridgelegal.ru/media/files/Alert_Control_over_Foreign_Investments__August_ENG.pdf

You might be interested

Russian Foreign Investment Rules: New Developments
On 8 March 2026, the Russian President signed Law No 51-FZ which amended the Law on Foreign Investment in Strategic Assets and introduced related changes to the Law on Foreign Investments in the Russian Federation, the Law on the Protection of Competition and a number of sector-specific laws. The amendments, most of which will come into force on 7 June 2026, are aimed at strengthening the Russian foreign investment rules.

13.03.2026