By President Putin’s signature on 8 June 2020, Russia has enacted a jarring new Law by which, as written, in a significant range of circumstances Russian individuals and companies (and foreign companies) that have been...more
As Russian regions are lifting pandemic-related workplace restrictions, employers must start considering how best to cope with a vast array of issues, including restarting operations, reintegrating remote-working employees,...more
In response to the coronavirus (COVID-19) pandemic, Russia has changed its bankruptcy laws to provide for a moratorium on bankruptcies and a freeze on certain transactions. ...more
Russian courts introduced certain measures to prevent the coronavirus (COVID-19) spread. Affected parties should take these measures into consideration when developing their litigation strategies. ...more
President Vladimir Putin signed a package of laws (informally referred to as the Investment Code) on 1 April to encourage further investment in Russia. The primary tool that the new legislation offers to investors is an...more
In response to the coronavirus (COVID-19) pandemic, Russia has introduced non-work days through 30 April 2020 to keep people at home. The non-work days are mandatory for all employers with limited exemptions. ...more
Russia’s state support for Russian businesses amid the unprecedented consequences of the coronavirus (COVID-19) pandemic has been so far focused primarily on small and mid-sized businesses. This LawFlash examines the measures...more
In response to the coronavirus (COVID-19) pandemic, Russian President Vladimir Putin asked people to stay at home and introduced non-working days, initially from 30 March to 3 April and recently extended to 30 April. ...more
President Vladimir Putin called on people living in Russia to stay at home from 28 March-5 April and announced non-work days from 30 March-3 April in response to the coronavirus (COVID-19) pandemic....more
Russian courts introduced certain measures to prevent the spread of the coronavirus (COVID-19). Parties should take these measures into consideration when developing their litigation strategies....more
While the unprecedented consequences of the coronavirus (COVID-19) outbreak have already become commonplace, many aspects of its influence on various business activities remain to be understood....more
The coronavirus (COVID-19) outbreak has urged the Russian authorities to take immediate steps to respond to the pandemic. The rules apply to every employer in Russia, whether a governmental agency or a company, or a branch or...more
The Russian parliament urgently passed a new law on 14 March that amends the Federal Law on Joint Stock Companies (the JSC Law) to allow shareholder meetings in 2020 to be conducted by absentee voting if the agenda includes...more
3/17/2020
/ Absentee Voting ,
China ,
Coronavirus/COVID-19 ,
Crisis Management ,
Emergency Management Plans ,
Infectious Diseases ,
Joint Stock Companies ,
Limited Liability Company (LLC) ,
New Legislation ,
Public Health ,
Russia ,
Shareholder Meetings ,
Shareholder Votes
A new law that comes into effect in Russia on March 12, 2020, introduces antitrust compliance into Russian law. Among other things, this new law could serve as a legitimate basis for Russian subsidiaries of multinational...more
3/12/2020
/ Anti-Competitive ,
Anti-Monopoly ,
Antitrust Provisions ,
Competition ,
Corporate Counsel ,
Monopolization ,
New Legislation ,
Procurement Guidelines ,
Regulatory Standards ,
Risk Mitigation ,
Russia ,
Russian Federal Antimonopoly Service
A draft law proposed in Russia would introduce severe monetary fines for noncompliance with Russia’s data protection law, including the data localization requirement, and violations of various internet activity laws.
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The Vienna International Arbitral Centre (VIAC) has been approved by Russia’s Ministry of Justice on 7 July as a non-Russian permanent arbitration institution. This allows VIAC to be designated by parties to hear arbitrations...more
Russia has amended its main laws governing the internet to allow the government to restrict access to the internet and to control internet traffic in emergency situations....more
Russia’s Central Bank, the financial markets regulator in Russia, might soon receive the right to block websites. On 24 January, the State Duma, the lower house of the Russian parliament, approved amendments in the first...more
The State Duma, the lower chamber of the Russian parliament, has recently approved in the “first reading” three draft laws that address the use of cryptocurrencies, mining, token offerings, and crowdfunding. Existing Russian...more
Russian lawmakers have proposed a draft law that would impose new obligations on the owners of public networks. Such owners with no registered presence in Russia would be required to set up a local representative office....more
Russia continues to expand the regulation of various internet-related activities, implementing a general tightening of efforts to monitor and control content, and showing special attention to activities by foreign media...more
On April 21, the Russian State Duma (lower house of the Russian parliament) approved amendments to the Russian Law on Information, Information Technologies and Protection of Information regarding audiovisual services....more
Russia is considering new restrictions on foreign ownership and control of online video services, similar to the rules recently imposed on “mass media” such as television, radio, and publications....more
The new rules, which take effect on 1 January 2017, will apply to both limited liability and stock companies.
Russia recently changed the laws governing the approval of certain corporate actions....more
All Russian legal entities must obtain information on their ultimate beneficial owners.
Russia has recently amended its anti-money laundering law to require that any legal entity, whether private or public (with limited...more