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.
The FAS believes that the amendments will help facilitate merger control, and protect smaller players, in the financial institutions sector.
Read in detail in the alert at the link:
https://www.stonebridgelegal.ru/media/files/Strengthening_Merger_Control_in_FM_ENG.pdf
