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New Russian Presidential Decree Further Restricts Sales of Certain Russian Companies

Under the Decree, transactions resulting in the establishment, change, termination or encumbrance (directly or indirectly) of rights with respect to securities of certain Russian legal entities; shares (participatory...more

Russia: Remuneration System of the Bank Employees Is on Its Way to Rehabilitation

The RF Central Bank reconsidered the remuneration system of bank employees such that their remunerations will depend on the financial results of the bank’s activity. The RF Central Bank instruction No. 154-? (the...more

9/22/2014  /  Banks , Remuneration , Russia
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