On 23 January 2024, Resolution of the Government of the Russian Federation No. 40 dated 22.01.2024 On Amendments to Resolution of the Government of the Russian Federation No. 295 dated 6 March 2022 was published. The Resolution clarifies the rules for approval by the Government Commission for Control over Foreign Investments in the Russian Federation of transactions requiring approval after countersanctions Presidential decrees.
Read in detail in the alert at the link:
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