Analytics and brochures

Pepeliaev Group hereby informs that Vestnik Banka Rossii published on 30 April 2010 Instruction No. 135-I of the RF Central Bank dated 2 April 2010 “On the Procedure Governing the Adoption by the RF Central Bank of a Decision on the State Registration of Credit Institutions and Issue of Bank Licences”, which enters into force within 10 business days of the date of its official publication.

Pepeliaev Group advises that the Presidium of the Russian Supreme Arbitration Court has changed its own legal position on a taxpayer’s eligibility to a VAT deduction based on documents made in the name of so-called “deserted companies”, in other words, companies whose nominal directors refused accountability for their operations.

The draft order “On Approving the Requirements on Telecommunications Networks for the Purpose of Investigative Activity. Part 2. Requirements on Data Transmission Networks” was published on the official web-site of the Russian Ministry for Communications and the Mass Media on 15 April 2010.

On 10 March 2010 the Ministry of Natural Resources and Environment of the Russian Federation (Minprirody) approved in Order No. 64 the list of proposed sites in 2010 to be granted for use for the purpose of geological exploration at the cost of subsoil users.

The Presidium of the RF Supreme Arbitration Court has formed its legal position in respect of the inclusion by banks of terms in loan agreements with individuals that infringe upon consumer rights.

A draft law “On Amendments to Certain Legislative Acts of the Russian Federation on Submitting Personal Data to Court Bailiffs” was submitted to the State Duma on 19 February 2010.