Pepeliaev Group advises that new requirements for the Russian Federation citizens' personal data to be kept in electronic form in Russia may be introduced as early as on 1 January 2015.
Pepeliaev Group advises that from 1 September 2016 personal data of the Russian Federation citizens may be kept in electronic form only in Russia. It is probable that this deadline will be shifted to an earlier date, i.e. 1 January 2015.
Amendments to ease the restrictions have been made to the list of foods banned from being imported into the Russian Federation. This may be treated as a circumstance that stops a force-majeure regime from applying and that restores the obligation of counterparties to perform theirt contractual obligations.
Pepeliaev Group advises you that the Russian Federal Law No. 218-FZ “On Amending Certain Legislative Acts of the Russian Federation” came into effect on August 2, 2014.The Law simplifies the procedure for foreign securities to be admitted to the Russian financial markets.
Law firm Pepeliaev Group draws your attention to recommendations of the Presidium of the Russian Supreme State Commercial ('Arbitration') Court (the 'SSCC') with regard to applying the criteria for disputes being considered by state commercial ('arbitration') courts to be regarded as complex. Using these recommendations may assist in the development of the practice for recovering legal expenses.
