Pepeliaev Group advises that, on 26 March 2025, a Draft Law was submitted to the State Duma (the lower chamber of the Russian Parliament) proposing that fines be increased for a failure to submit to the Russian Federal Antimonopoly Service applications for transactions to be made or for filing applications containing data that is known to be false or in breach of the procedure/deadlines for such applications to be filed.

Pepeliaev Group advises that the Russian General Prosecutor’s office has filed a lawsuit to seize assets of a group of companies for a failure to comply with counter-sanctions measures.

Pepeliaev Group advises that, on 25 March 2025, the State Duma (the lower chamber of the Russian Parliament) adopted in the third reading draft law No. 652920-8, which is aimed at countering extremist activity in Russia and, specifically, at preventing advertising from being disseminated on certain information resources.

Pepeliaev Group advises that the Russian Finance Ministry has specified the period for an appraisal report on the market value of an asset to be compiled and the validity period of the report.

Pepeliaev Group advises that the Double Tax Treaty with the UAE has been signed.

Pepeliaev Group advises of a change in the Finance Ministry’s approach to the issue of changing the director of a company under the control of unfriendly non-residents.

Pepeliaev Group advises that the Russian Ministry of Finance has specified the period for an appraisal report on the market value of an asset to be compiled and the validity period of the report.

Pepeliaev Group advises that the Russian Ministry of Justice has drawn up and put out for public discussion a draft federal law on amendments to be made to the Criminal Code, specifically, on increasing the amounts of fines for having committed individual economic crimes (the Draft Law).