On 28 February 2022, Russian President Vladimir Putin signed the order “On the Application of Special Economic Measures in Connection With the Unamicable Actions of the U.S. and the Adjoining Foreign States and International...more
On June 8, 2020, amendments to the Russian Arbitration Procedure Code (the APC Amendments)1 were signed into law that, in certain cases, allow a person subject to foreign sanctions to refer a dispute to the Russian arbitrazh...more
The Central Bank of the Russian Federation (CBR) has adopted new regulations for securities issues and disclosure obligations, as a result of amendments to the Russian Securities Market Law that came into effect on January 1,...more
Continued Operation of the Russian Securities Market -
Securities markets on the Moscow Exchange and other Russian exchanges continue to operate during normal business hours.
The Central Bank of Russia announced that...more
4/9/2020
/ Brokers ,
Capital Markets ,
Coronavirus/COVID-19 ,
Disclosure Requirements ,
Dividends ,
Filing Deadlines ,
Financial Statements ,
Publicly-Traded Companies ,
Reporting Requirements ,
Russia ,
Securities Traders ,
Share Buybacks ,
State-Owned Enterprises ,
Stock Exchange ,
Time Extensions
A moratorium on bankruptcy filings and certain security enforcement has been imposed by the Russian government for at least six months with respect to many categories of companies. During this period, the ability of creditors...more
In our first update on the implications of COVID 19 in relation to the Russian market, we consider:
- contract implications, including:
- the need for a detailed review of essential contracts; and
- virtual signings...more
4/3/2020
/ Acquisitions ,
Annual Meeting ,
Anti-Monopoly ,
Breach of Contract ,
Capital Markets ,
Contract Disputes ,
Coronavirus/COVID-19 ,
Force Majeure Clause ,
Foreign Investment ,
Merger Controls ,
Mergers ,
Nonperformance ,
Publicly-Traded Companies ,
Russia ,
Shareholder Meetings ,
Virtual Meetings
Strategic Enterprises Law
In July 2017, the Russian Strategic Enterprises Law (SEL) was amended to provide that the rules that restrict the acquisition of certain interests in Russian strategic enterprises by a foreign...more
As part of Russia’s response to recent Russia-related foreign sanctions (particularly the U.S. sanctions announced by the Office of Foreign Assets Control on April 6, 2018, against certain Russian state-controlled entities...more
Amendments in July 2017 to Russian foreign investment laws have resulted in a significant tightening of control over transactions involving (including investments in) Russian companies by foreign investors...more