27.04.2023

New counter-sanctions decree of the President of the Russian Federation on the temporary management of foreign assets

On 25 April 2023, a new Presidential decree on counter-sanctions (Decree No. 302 On Temporary Administration of Certain Assets) was enacted with immediate effect, arguably as a response of the Russian Government to the freezing of certain Russian energy-related assets located in the unfriendly states.

Read in detail in the alert at the link:

https://stonebridgelegal.ru/media/files/Alert_Counter_Sanctions_Regulations_27_April_ENG.pdf

You might be interested

  • 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