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Pepeliaev Group advises that on 5 May 2014 amendments to Federal Law No. 161-FZ 'On a national payment system' were published and came into force. This significantly affects the procedure under which payment systems are organised and function within the Russian Federation.
At federal level, the industry agreement has been adopted which sets additional obligations and automatically extends to companies in the oil and gas industries and to construction companies that build oil and gas facilities. To refuse to join the agreements, a well-grounded refusal should be submitted to the Russian Ministry of Labour and Social Protection by 13 May 2014.
Pepeliaev Group advises that, in Moscow, 7 April 2014 was set the starting date for applications to be filed to determine the level of demand for foreign national employees to be engaged to work during 2014 and 2015 ("Applications").
