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On 28 April, the Russian President signed another Decree, the third, extending the regime of non-working days for the period from 6 May until 8 May 2020 inclusive. 

Pepeliaev Group advises that the legislation on combating the legalisation of the proceeds of crime has been amended in connection with registrars being granted permission to remotely open and maintain personal accounts of owners of securities.

Pepeliaev Group advises that on 27 April 2020 Federal Law No. 149-FZ dated 24 April 2020 came into force, introducing significant changes to the Law on bankruptcy regarding the moratorium on bankruptcy.


Pepeliaev Group advises that on 24 April 2020, in its Resolution No. 576 the Government approved the rules (the “Rules”) for granting free-of-charge governmental financial aid (the “subsidy”) to small and medium-sized enterprises (the “SMEs”) from the most damaged branches of the economy; SMEs will be able to use the subsidy for the partial compensation of their current expenses including on paying out salaries to their employ

On 7 April 2020, the Russian Ministry of Finance and the Russian Federal Tax Service issued a joint letter concerning the extension of the deadline for filing accounting reports provided for by Resolution No. 419 of the Russian Government dated 2 April 2020.  

Pepeliaev Group advises of measures taken in connection with prices growing for certain categories of goods.

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