Analytics and brochures
Pepeliaev Group advises that amendments to insurance legislation have come into force granting new opportunities for selling insurance products via the Internet and that new rules and limitations have been introduced with regard to the online distribution of insurance services.
Pepeliaev Group advises that a legislative ban has entered into force for Russian credit institutions to complete operations aimed at accepting money from foreign payment operators as well as to perform international payment transactions involving foreign payment systems that do not comply with Russian legislation.
Order No. 294 of the Russian President dated 28 April 2020 has established non-working days in the period between 6 May and 8 May 2020.
Pepeliaev Group has drafted a list of key questions that companies registered as limited liability companies should focus on when they plan to hold a general meeting of members in absentia, i.e. using what is known as the 'absentee voting' procedure. Further, we propose for consideration some recommendations that will help you to avoid any potential adverse effects, including the invalidation of resolutions adopted using absentee voting.
On 17 April 2020 the State Duma in the third reading adopted draft law No. 685368-7 which introduces significant amendments to the current article 9.1 of the Bankruptcy Law, regulating the application of the moratorium on bankruptcy and other significant restrictions with respect to a wide range of persons.