On 20 November, the Russian Government published Resolution No. 1836 approving “the rules for listing Russian business entities as “economically significant organisations”.
Read in detail in the alert at the link:
27.11.2023
A procedure for listing companies as Economically Significant Organisations now approved
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The tightening of the exit conditions confirmedОn 30 October 2024, an excerpt from Minutes No.268/1 of the meeting of the Sub-Commission, dated 15 October 2024, was published on the website of the Russian Ministry of Finance, which lists the new rules that the Sub-Commission will follow when reviewing the transactions whereby non-Russian companies associated with unfriendly states sell their Russian securities, including shares/equity interests in Russian companies. The new rules are exactly the same as we advised in our previous alert of 11 October 2024.
31.10.2024