Analytics and brochures

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.

Pepeliaev Group advises of the new service for paying subsidies to small and medium-sized enterprises

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.

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.

Pepeliaev Group advises that, on 30 April 2020 the Praesidium of the Russian Supreme Court (the “Supreme Court”) approved a Review in which, among other things, it explained certain issues of the application of legislation concerning the granting of deferred payments to a tenant and the reduction of rent in connection with the spread of the new coronavirus infection (COVID-19) in the Russian Federation.