Analytics and brochures

On 6 May 2024, the Federal Law “On Amending the Federal Law ‘On Insolvency (Bankruptcy)’ and article 223 of the Russian Commercial Procedural Code” (the “Law”) was passed in the third reading.

On 16 April 2024, Resolutions of the Bank of Russia's Board of Directors were published establishing the list of information and of documents for holders of Russian securities (Eurobonds) to receive funds from type ‘C’ accounts of a foreign nominal holder and a foreign payment agent.

Since 15 April 2024, amendments have come into force to Federal Law No. 73-FZ «On cultural heritage sites of the peoples of the Russian Federation» dated 25 June 2002.

The Russian Constitutional Court has adopted Resolution No. 16-P dated 9 April 2024. The Court checked whether article 138(6) of the Law on Bankruptcy was constitutional with respect to the order of priority for paying tax obligations connected with a pledged item in bankruptcy cases.

The Russian Constitutional Court has adopted Resolution No. 17-P dated 11 April 2024. This determines that courts can prohibit facilities from being demolished until a dispute is resolved for them to be treated as cultural heritage sites.

On 23 March 2024, Federal Law No. 50-FZ was published, which provides for changes in the operations of dealers and forex dealers.