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Since 14 July a moratorium has been introduced on the application of a number of antitrust prohibitions and other measures have come into force that are aimed at supporting business under conditions where sanctions are in force

Amendments have been made to the legislation that impose a moratorium on the application of a number of antitrust prohibitions when procurement is carried out from a single supplier, change the threshold values for transactions to be ...

Fines reduced for unlawful foreign currency transactions and cancelled for violations committed because of sanctions

Pepeliaev Group advises that, on 24 July 2022, a Federal Law came to force that reduces fines for parties involved in foreign trade for unlawful foreign currency transactions and cancels fines for violations committed because of sancti...

A law has been adopted that contains mechanisms for blocking the actions of foreign companies that may pose a threat to the uninterrupted and rational use of subsoil resources or of facilities of cross-border gas transportation infrastructure

Pepeliaev Group advises that on 6 July 2022 the State Duma of the Federal Assembly of the Russian Federation adopted a Law that provides for a mechanism for the mandatory transformation of a branch (representative office) of a foreign ...

The State Duma has adopted a law that grants the lessor a number of additional rights in a situation when the lessee is a commercial and/or public catering organisation and is connected with a hostile state/territory

On 28 June 2022 the Russian State Duma adopted a Law whereby lessors, under certain conditions, are granted the right to charge a larger rent from lessees that are connected with hostile states/territories and the right to withdraw fro...

A law has been signed to the effect that only Russian persons may use subsurface resources

The Law was signed and officially published on 28 June 2022. It provides that foreign persons no longer have the right to use subsurface resources in the Russian Federation.

The deadlines for the payment of insurance premiums have been extended by a year for a number of categories of payers

The Government’s Decree No. 776 dated 29 April 2022.

The Russian Government has extended the deadlines for the payment of insurance premiums by a year for a number of categories of payers.

The draft law on external administration of companies with foreign membership

The draft law No. 104796-8 “On external administration for the management of a company” has been put before the State Duma.

Draft the administrative burden on developers has been decreased

The Russian Government has taken steps to streamline administrative procedures in the construction field.

A draft law has been put before the State Duma regarding criminal liability for compliance with foreign sanctions in Russia

A draft federal law has been submitted to the State Duma according to which compliance with anti-Russian sanctions will be treated as a severe form of an abuse of powers.