Stonebridge Legal Team prepared an alert regarding Presidential Decree No. 138 On Further Temporary Economic Measures relating to Securities Trading entered into force, which introduces several new restrictions on transactions with Russian securities between residents and non-residents from “unfriendly jurisdictions”, and also changes the regulatory regime established by previous presidential decrees relating to certain categories of transaction.
Read in detail in the alert at the link.
Draft law No. 1059849-7, which supplements Federal Law No. 160-FZ On Foreign Investments in the Russian Federation, dated 9 July 1999, with a new Article 20 (1), is currently under consideration in the State Duma. The article introduces a legal mechanism allowing Russian purchasers who bought shares (equity interests) in Russian companies previously owned by foreign investors to refuse, subject to a number of conditions, to perform their obligations to return the assets to foreign investors under buyback options and other similar agreements.
21.07.2025