09.03.2023

New Presidential Decree restricting securities trading

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.

You might be interested

  • Strengthening Merger Control in Financial Markets
    Strengthening Merger Control in Financial Markets

    On 28 December 2024, the Russian President signed Law No. 539-FZ which introduced amendments to the current law On the Protection of Competition aimed at strengthening merger control in Russian financial markets. The amendments were prepared by the Russian competition authority (the FAS) and will come into effect on 1 September 2025.

    13.01.2025