Insights | Denuo

Resolution of the Plenum of Russia's Supreme Court on unauthorised construction

In December 2023, the Plenum of the Supreme Court of the Russian Federation adopted a Resolution containing extensive clarifications regarding unauthorised construction. In our legal update, we have highlighted what we consider to be the most useful and interesting provisions of the Resolution.

Draft law on reforming the procedure for acquiring large shareholdings in PJSCs submitted to the State Duma

On 25 December 2023, a draft Law was brought in the State Duma of the Russian Federation aimed at improving the regulation of the procedure for acquiring large shareholdings in PJSCs. The authors of the draft law believe that the abovementioned changes will help boost investor confidence in the Russian financial market. Read further in our legal update.

Prohibitions and restrictions on export of certain categories of goods from Russia extended

On 27 December 2023, the Government of the Russian Federation published a resolution introducing a number of amendments to the previous resolutions of the Government concerning the restrictive measures on the export of certain categories of goods and equipment from the Russian Federation. Read further in our legal update.

06 / 02 / 2411:00am gst

Real estate in Dubai: market specifics and legal aspects

Extending special anti-crisis measures in corporate law

On 25 December 2023, the President of the Russian Federation signed Federal Law No. 625-FZ of 25 December 2023 “On Amending Article 98 of the Federal Law ‘On State Control (Supervision) and Municipal Control (Supervision) in the Russian Federation’ and Certain Legislative Acts of the Russian Federation”.

19 / 01 / 2410:30am msk

Legal advisors’ and auditors’ liability: key issues, Russian and foreign court practice

New US sanctions: grounds for sanctions against foreign financial institutions and prohibitions on Russian goods

On 22 December 2023, the US Treasury Department announced the extension of sanctions against the Russian Federation and the issuance of three General Licences authorising certain transactions. In our legal update we outline the most significant changes.

EU adopts 12th package of sanctions against Russia

On 18 December 2023, legal acts formalising the 12th package of European Union restrictive measures were published and entered into force. Read further in our legal update.

Bank of Russia introduces amendments to C-type accounts regime

On 8 December 2023, the Bank of Russia introduced targeted changes to the “C”-type accounts regime. These changes are aimed primarily at stabilising the rouble and the Russian financial system in general. Read further in our legal update.

Russia introduces tougher fines for violations related to personal data processing

On 12 December 2023, the President of Russia signed a law that increases fines for processing of personal data without the subject’s consent, and introduces new fines for violation of the requirements regulating uploading biometric personal data. For a number of offenses, the amount of the administrative fine can reach up to 1.5 million rubles for a repeated violation. Read in more detail in our legal update.