On 28 February, 1 March and 5 March 2022, the Russian President signed Decrees on special economic measures in connection with so-called "unfriendly" (as such term is used in the Decrees) actions by the USA and the foreign...more
3/14/2022
/ Banking Sector ,
Debtors ,
Economic Sanctions ,
Financial Transactions ,
Foreign Bank Accounts ,
Foreign Currency ,
Foreign Persons ,
Imports ,
Joint Stock Companies ,
Loan Agreements ,
Presidential Decrees ,
Russia ,
Share Buybacks ,
Vladimir Putin
This summary is intended to help clients navigate the large number of legal measures taken expeditiously by the Russian authorities in connection with the spread of COVID-19. The summary is not exhaustive. It includes only...more
6/2/2020
/ Banking Sector ,
Contact Tracing ,
Coronavirus/COVID-19 ,
Exports ,
Financial Assistance Policies ,
Imports ,
Insolvency ,
Life Sciences ,
Medical Devices ,
Moratorium ,
Non-Essential Businesses ,
Operators of Essential Services ,
Publicly-Traded Companies ,
Quarantine ,
Re-Opening Guidelines ,
Russia ,
Social Distancing ,
State of Emergency ,
Subsidies ,
Tax Relief ,
Temporary Regulations ,
Trade Policy ,
Workplace Safety
This summary is intended to help navigate a large number of legal measures taken by the Russian authorities in connection with COVID-19. The review is not exhaustive. We plan to periodically update this document as new...more
5/8/2020
/ Constitutional Amendment ,
Coronavirus/COVID-19 ,
Debit Cards ,
Employer Responsibilities ,
Financial Assistance Policies ,
Health Care Providers ,
Medical Devices ,
Paid Leave ,
Personal Protective Equipment ,
Relief Measures ,
Russia ,
Sanctions ,
Sick Leave ,
Social Distancing ,
Sustainable Finance ,
Tax Relief
In his address to the nation on 25 March 2020, the Russian President requested the government to implement measures ensuring the adequate taxation of Russian-sourced dividend and interest payments to "offshore" jurisdictions....more
On 7 April 2020, Federal Law No. 115-FZ1 was published and entered into force. Law No. 115-FZ introduces a number of provisions aimed at simplifying the buybacks of shares in Russian public joint stock companies as well as...more
Below we list the measures introduced by Russian state authorities in response to and in connection with the COVID-19 pandemic.
High Alert Regime -
All regions of Russia, including Moscow and the Moscow Region, have...more
3/27/2020
/ Business Closures ,
Coronavirus/COVID-19 ,
Employee Monitoring ,
Financial Assistance Policies ,
Force Majeure Clause ,
Government Lockdown ,
Medical Devices ,
Prescription Drugs ,
Quarantine ,
Remote Working ,
Russia ,
School Closures ,
Tax Deferral ,
Travel Restrictions
The Moscow Exchange has announced the opening of the Sustainable Development Sector. This is a landmark event for the development of a sustainable finance (including green finance) market in Russia.
The Guidelines for the...more