The President’s Decree No. 364 dated 22 May 2023 on Amending the President’s Decree No. 430 dated 5.07.2022 (“On Repatriation by Residents – Participants of Foreign Economic Activity – of Foreign and Russian Currency”) (the “Decree”) has been published.
Read in detail in the alert at the link:
https://stonebridgelegal.ru/media/files/Alert_President_decree_on_substitute_bonds_May_ENG.pdf
In one of our previous alerts, we advised that a draft law amending the Russian Code of Administrative Offences had been submitted to the State Duma to establish, among other things, sanctions for failure to comply with the requirements of Law No. 470-FZ On Peculiarities of Regulation of Corporate Relations in Business Entities that are Economically Significant Organisations. On 22 June 2024, that law was signed by the President of Russia, published and entered into force.
26.06.2024